Mongabay: The Japanese government will loan Peru $120 million to protect 55 million hectares (212,000 square miles) of Amazon rainforest over the next ten years, reports El Comercio. The loan, to be distributed in three phases starting year next, has an interest rate of 0.10 percent payable over 40 years. Antonio Brack, Peru’s Minister of the Environment, said the loan will be used to establish permanent forest reserves, including indigenous territories. Brack estimated the …