07/11 Closing Prices / revised 07/12/2024 07:42 GMT |        07/11 OPEC Basket   $86.11   +$0.71 cents 07/11 Mexico Basket (MME) $76.61   +$0.44 cents   05/31 Venezuela Basket (Merey)  $70 45   -$4.36 cents| 07/11 NYMEX WTI  August CLQ24  $82.62 +$0.52 cents  | 07/11 ICE Brent Sept  BRNU24  $85.40 +$0.32 cents  | 07/11 NYMEX Gasoline Aug RBQ24  $2.52 +0.6 %  |  07/11 NYMEX  Heating Oil  Aug  RBQ 24    $2.52  -0.5% | 07/11 Natural Gas August NGQ 24   $2.27  -2.6%  | 07/05 Active U.S. Rig Count (Oil & Gas)    585  +4  | 07/12 USD/MXN Mexican Peso   17.7730 (data live)  | 07/12 EUR/USD  1.0869 (data live)  | 07/12 US/Bs. (Bolivar)   $36.53030000 (data BCV)

Brazil’s Marina Silva says Amazon needs Marshall Plan to avoid tipping point – Reuters


Anthony Boadle, Reuters

EnergiesNet.com 05 17 2023

 Brazil’s Environment Minister Marina Silva urged eight Amazon countries on Tuesday to come together to avoid the rainforest reaching a tipping point, which could happen if a fifth of the trees are lost.

Silva said an effort the size of the post-World War Two Marshall Plan was needed to save the world’s largest tropical forest and untold wealth of biodiversity from reaching the point of no return, when experts say it will dry out and turn into savanna.

Brazilian ministers, diplomats, Indigenous leaders, climate experts and environmentalists began a three-day conference to prepare proposals to protect the forest in cooperation with neighboring countries at a summit on Aug. 8-9 in the city of Belem, at the mouth of the Amazon river.

The presidential summit is an attempt to move the Amazon Cooperation Treaty Organization (ACTO) nations to act together to preserve the Amazon and promote sustainable development in a region threatened by illegal loggers and gold miners, animal smugglers and drug traffickers.

The organization was started in 1978 by Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname, and Venezuela. French Guiana, an overseas territory of France, is invited to meetings.

“We need to stop the destruction of the rainforest before it reaches the 20% point of no return,” Silva said.

At the current rate of destruction, that could happen within a decade, according to climate expert Carlos Nobre, who said 18% is already destroyed so far.

Building markets for Amazonian products, such as açai berries, guaraná, Brazil nuts, cocoa, pineapples and other fruits and raw materials is needed to provide livelihood to the region’s inhabitants and build a sustainable economy, she said.

Indigenous leaders said their communities in the Amazon are the best guardians of the forest and recognition of their claims to ancestral land is fundamental for achieving the preservation of the region’s biological and cultural diversity.

“Guaranteeing our territorial rights is essential for sustainable development and the fight against climate change,” said Kleber Karipuna, coordinator of Brazil’s main Indigenous umbrella organization APIB.

The head of the Federal Police’s newly-created Amazon and Environment department, Humberto Freire, said the administration of President Luiz Inacio Lula da Silva is “determined to stop the devastation of our biomes once and for all.”

He added the Amazon nations should share information and evidence to fight trans-border issues like illegal mining and logging.

Reporting by Anthony Boadle; Editing by Aurora Ellis

reuters.com 05 16 2023

Share this news

Support EnergiesNet.com

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com

CopyRight©1999-2021, EnergiesNet.com™  / Elio Ohep – All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the material.

Scroll to Top