Joint Statement on the Brazil Fazenda – U.S. Treasury Climate Partnership

The flooding in Rio Grande do Sul that began in late April had a devastating impact across southern Brazil. We express our condolences to the families of those who died in this disaster and recognize that the Brazilian government is working hard to help the hundreds of thousands of people that remain displaced. The recognition of the grave environmental and climate crises faced by all nations is part of the motivation for our coming together to address climate change, and to leverage the opportunities doing so presents for supporting just transitions and economic development.Since early last year, the U.S. Department of the Treasury (Treasury) and the Brazilian Ministry of Finance (Fazenda) have implemented unprecedented measures to align their institutions with the best environmental and climate policies.