The Brazilian government presented the idea to other members of the Amazon Cooperation Treaty Organization, a bloc it shares with seven other countries home to the world’s largest rainforest.
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The COP28 menu is gradually expanding. Brazilian President Lula will propose the creation of a fund to preserve tropical forests in some 80 countries during COP28, which is to be held in Dubai from November 30 to December 12. This is what the Brazilian Minister of the Environment declared on Thursday, November 23.
The initiative consists of “a payment mechanism per standing forest, per hectare, to help protect the tropical forests of 80 countries” who have them in their territory, presented Marina Silva during a seminar on the evaluation and improvement of public spending in Brasilia.
The Brazilian government presented the idea to other members of the Amazon Cooperation Treaty Organization, a socio-environmental bloc it shares with seven other countries home to the world’s largest rainforest.
Increase the agricultural area of Brazil without deforestation
During another press conference, Roberto Perosa, secretary in charge of trade and international relations within the Ministry of Agriculture, declared that Brazil would present at COP28 a plan aimed at increasing the agricultural surface of his country without deforestation through the conversion of pasture land.
In ten years, the government plans to invest $120 billion and expand Brazil’s growing areas, which would increase from 65 to 105 million hectares, without deforestation.
