Rodrigo Pacheco, head of Brazil’s Senate, said in Glasgow, Scotland, that Brazil needs to make a “mea culpa” and recognize that illegal deforestation has “the world alarmed” and may damage the country’s image before the international community.
To meet this goal, under the program Forests of Tomorrow is laid out the reforesting of over 5 thousand hectares of Atlantic Forest in the state, with the planting of 2.5 million of saplings of species of the biome in conservation units and other priority areas scattered through the state.
In his view, due to this set of drivers, the post-pandemic scenario should delay Brazil’s transition into a green economy, and banks all across the world will have to be creative in how this transition will be financed.
According to the minister Tereza Cristina, Brazil’s goal until 2030 is to disseminate low-carbon technology to over 72 million hectares of farmland with no need to convert new areas to productive activity. This brings the estimated slash in emissions to over 1 billion tons of carbon dioxide equivalent.
The announcement of the Glasgow Leaders’ Declaration on Forests and Land Use include the reduction of deforestation and soil degradation by 2030 and approximately $19 billion in public and private financing.
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