Living Forest is aimed at restoring Brazilian biomes and recovering watersheds. It is considered the largest environmental match-funding program in the country.
The model is unprecedented in the country, the BNDES declared, and represents a pioneering step to transform forest conservation into a profitable activity for the local population.
Home to a fleet of over 460 thousand vehicles 20 or more years old, Brazil is faced with the environmental challenge of withdrawing these automobiles.
The Head of the Senate Rodrigo Pacheco assured none of the draft bills will go to the Senate plenary without the proper assessment and processing in the thematic committees of the House.
Brazil’s Environment Minister Joaquim Leite argued that the country played a central role in negotiations at the 26th Climate Change Conference (COP26) in Glasgow, which set as a target to reach carbon neutrality by 2050.