HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Brazil Asks Investment Fi...

Sun Jul 12, 2020, 03:09 AM

Brazil Asks Investment Firms To Adopt Protected Amazon Areas

Source: Associated Press



Published:Sunday | July 12, 2020 | 12:24 AM



Brazilís government on Thursday proposed that global asset managers adopt protected areas in the Amazon rainforest in order to curb illegal deforestation ahead of the season farmers traditional use of fire to clear land and brush.

Vice President Hamilton Mour„o, who heads the governmentís council on the Amazon region, held a video call with representatives of investment firms and said he hopes for financial support from them to support environmental-protection projects.

Last month, mainly European investment firms sent a letter expressing concern over rising deforestation and demanded forceful action against illegal activities in the Amazon. The 34 firms that have now signed on to the initiative have a total US$4.6 trillion in assets under management.

ďThe Adopt a Park programme will permit each of these national and foreign companies to choose one of the 132 conservation units in the Amazon and start financially supporting them, for monitoring, prevention, and recovery,Ē environment minister Ricardo Salles said in a press conference in Brasilia after the virtual meeting. The funding, for example, could pay for security to prevent people from entering the areas.


Read more: http://jamaica-gleaner.com/article/business/20200712/brazil-asks-investment-firms-adopt-protected-amazon-areas

4 replies, 751 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 4 replies Author Time Post
Reply Brazil Asks Investment Firms To Adopt Protected Amazon Areas (Original post)
Judi Lynn Jul 12 OP
List left Jul 12 #1
Roy Rolling Jul 12 #2
BadgerKid Jul 12 #3
dhill926 Jul 12 #4

Response to Judi Lynn (Original post)

Sun Jul 12, 2020, 03:48 AM

1. I hope they follow through and do it right. nt

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Judi Lynn (Original post)

Sun Jul 12, 2020, 07:58 AM

2. Selling the Rain Forest

Investment firms must turn a profit. This is the fox guarding the henhouse. But with Bolsonaro, it may be better. Heís a snake.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Judi Lynn (Original post)

Sun Jul 12, 2020, 09:41 AM

3. Not "illegal" deforestation but legal deforestation

itís hard not to be suspicious of thinly veiled privatization.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Judi Lynn (Original post)

Sun Jul 12, 2020, 10:59 AM

4. complete abdication of responsibility by this corrupt government....

jesus christ....

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread