São Félix do Xingu is a large municipality in the state of Pará, Brazil. Since 2001, it has had one of the highest rates of deforestation in the Amazon. Covering an area of 8.4 million hectares, with more than two million head of cattle and a little over 106,000 people, it easy to see what the main driver of deforestation is.
At the end of June 2015, President Barack Obama and President Dilma Rousseff put out a “U.S.-Brazil Joint Statement On Climate Change”. It’s good to see that the two Presidents put climate change at the top of their agenda when they met.
“Credit cards that help the planet.” That’s the sales pitch from a company called Sustain:Green. With the company’s new biodegradable credit card you can “Fight climate change”, “Fund rainforest preservation”, and “Reduce your carbon footprint”.
Founded in October 2011, the Rio de Janeiro Green Exchange (Bolsa Verde do Rio de Janeiro, BVRio) is a market for trading “environmental assets”, including carbon credits, forest credits, industrial effluent credits, tire disposal credits, and recycling credits.
On 9 April 2015, the Brazilian Technical Commission on Biosafety (CTNBio) approved the commercial use of genetically engineered eucalyptus trees. This is the first approval of GE trees in Latin America. The application came from FuturaGene, a subsidiary of pulp and paper company, Suzano.
The Court of Appeal has upheld a February 2014 High Court ruling in which the Financial Conduct Authority won their case against Capital Alternatives and other firms. The FCA accused the firms of “promoting and/or operating collective investment schemes (CISs) in the UK illegally and without our authorisation”.
A paper published this week in Nature concludes that the Amazon is losing its capacity to absorb carbon. In the past decade, the carbon absorbed by the Amazon each year has decreased by about one-third.
Last week, 300 peasants from Brazil’s Landless Workers’ Movement (MST) occupied a meeting of the National Technical Biosafety Commission (CTNBio) and prevented a vote on the release of genetically engineered eucalyptus trees.