Statement from Secretary of the Treasury Janet L. Yellen on the Brazil Fazenda-U.S. Treasury Climate Partnership

As Prepared for Delivery Minister Haddad, it was a pleasure meeting with you earlier this week, and I am very glad that we are jointly announcing the launch of the Brazil Fazenda-U.S. Treasury Climate Partnership today. This announcement draws on our two countries’ long history. There are deep ties between the United States and Brazil, including a strong trade and investment relationship. Our countries also share a commitment to sustainable and inclusive development, recognizing that, as the two largest economies in the Western Hemisphere, advancing work on climate and on nature and biodiversity can bring benefits not only to both of our economies but also to the region and to the global economy. Today’s announcement also builds on significant efforts of teams at Treasury and Fazenda in recent years.