At COP28, in Dubai, the president noted that humanity faces increasingly extreme and frequent droughts, floods, and heatwaves, and mentioned the drought in northern Brazil and the floods in the South. “Science and reality show us that this time we’ll have to pay earlier.”
Despite accounting for 30% the world’s forests, Brazil was behind 43% of the globe’s deforestation last year, remaining the leading nation in forest loss. The destruction of 1.8 mi hectares led to 1.2 gigatons of CO2 emissions—2.5 times the country’s annual emissions from fossil fuels.
Brazil plays a significant role in helping the world create an emission-neutral green economy by 2050, Brazil’s Environment Minister Joaquim Leite said at OECD meeting.
The Plano ABC+ will be presented by the Brazilian government in the next United Nations Climate Change Conference, COP26, to be held in Scotland from October 31 to November 12.
The Amazon Fund will receive a donation of $70 million from the government of Norway. According to an announcement made Tuesday (Nov.