Turn to the nation's most objective and informative daily environmental news resource to learn how the United States and key players around the world are responding to the environmental...
By Michael Kepp
Dec. 9 — Brazil is seeking nearly $43 million from the country’s development bank to deal with an unexpectedly steep two-year rise in Amazon deforestation.
Brazil’s National Space Research Institute announced Nov. 29 that an estimated 3,000 square miles of Brazil’s Amazon region was lost in the year ending July 31—a 29 percent spike over the previous year. That followed a 24 percent increase the year before.
IBAMA, the Environment Ministry’s enforcement arm, asked Brazil’s Development Bank (BNDES) for 148 million reais ($42.7 million) from its Amazon Fund to try and stem the deforestation, a top IBAMA official told Bloomberg BNA
“We lack a budget sufficient enough to buy the high-tech tools needed to step up our efforts to combat Amazon deforestation, whose rate is rising,” Jair Schmitt, IBAMA’s head of environmental enforcement, told Bloomberg BNA Dec. 5.
In November, BNDES agreed to give IBAMA 56.3 million reais ($16.3 million) from the fund to pay for leasing helicopters and four-wheel drive vehicles. But that was just the second time BNDES has given money to IBAMA, which normally operates with government funds.
The $1 billion Amazon Fund, whose two main donors are Norway and Germany, has disbursed $600 million since 2008 to curb Amazon deforestation, reforest degraded areas, and promote forest conservation and sustainable development. Much of the money has gone to non-government groups.
To contact the reporter on this story: Michael Kepp in Rio de Janeiro at firstname.lastname@example.org
To contact the editor responsible for this story: Greg Henderson at email@example.com
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)