EXCLUSIVE Brazil needs $10 bln a year in aid for carbon neutrality by 2050, minister says

[Judi Lynn]

April 16, 2021
6:30 PM CDT
Lisandra Paraguassu

4 minutes read

Brazil's environment minister, Ricardo Salles, told Reuters on Friday that Brazil would need to receive $10 billion annually in foreign aid in order to reach economy-wide net zero carbon emissions by 2050, instead of 2060 as currently planned.

Salles has regularly called for the international community to pick up part of the check for reducing Brazil's carbon emissions, which predominantly come from deforestation.

His call for $10 billion a year in aid comes as Brazil negotiates a separate potential deal with the United States to rally foreign funds to fight soaring deforestation in the Amazon rainforest. Salles said he does not expect a deal to be announced at next week's U.S. Earth Day summit, but that talks with the United States would continue.

"There is not and was never the objective of negotiating some kind of deal to deliver on April 22," Salles said in an interview.

More:
https://www.reuters.com/business/environment/exclusive-brazil-needs-10-blnyear-aid-carbon-neutrality-by-2050-minister-says-2021-04-16/

[Judi Lynn]

1. Brazil demand for U.S. to pay upfront stalls deal to save Amazon forest

April 15, 2021
11:42 AM CDT
Jake Spring

3 minutes read

The United States and Brazil are at an impasse on a deal to stop destruction of the Amazon rainforest, which has surged under right-wing President Jair Bolsonaro, two people familiar with the matter told Reuters.

While Brazil wants to receive money upfront to pay for the protection of the world's largest rainforest, the United States is insistent on seeing results first before it opens the purse strings, sources said.

Bolsonaro is expected to attend the high-profile U.S. Earth Day summit that starts April 22.

While former President Donald Trump, a Bolsonaro ally, did not criticize Brazil over its handling of the Amazon, the Biden government has placed the issue at the center of its relations with South America's largest country.

More:
https://www.reuters.com/business/environment/brazil-demand-us-pay-upfront-stalls-deal-save-amazon-forest-2021-04-15/


(Where can I send my contribution? Is cash in an envelope addressed to Jair Bolsonaro O.K.?)

[secondwind]

2. Yet they are destroying the lungs of the world five football fields a day.

[Judi Lynn]

3. What a shame the greedy class leaders like Bolsonaro & Trump were born without brains.

Anyone capable of thought doesn't let his/her greed destroy the world. They can actually murder, plunder, destroy to their hearts' content.

[msongs]

4. one suspects brazil will grab the cash and do nothing in return nt