Dubai Telegraph - Lula to host S.American summit on saving the Amazon

EUR -
AED 4.35335
AFN 77.050797
ALL 96.614026
AMD 452.873985
ANG 2.121943
AOA 1087.00321
ARS 1723.800654
AUD 1.702936
AWG 2.136666
AZN 2.019869
BAM 1.955248
BBD 2.406031
BDT 145.978765
BGN 1.990709
BHD 0.449191
BIF 3539.115218
BMD 1.18539
BND 1.512879
BOB 8.254703
BRL 6.231008
BSD 1.194568
BTN 109.699013
BWP 15.630651
BYN 3.402439
BYR 23233.647084
BZD 2.402531
CAD 1.615035
CDF 2684.909135
CHF 0.915881
CLF 0.026011
CLP 1027.058063
CNY 8.240537
CNH 8.248946
COP 4354.94563
CRC 591.535401
CUC 1.18539
CUP 31.412839
CVE 110.234327
CZK 24.334287
DJF 212.720809
DKK 7.470097
DOP 74.383698
DZD 153.702477
EGP 55.903178
ERN 17.780852
ETB 185.572763
FJD 2.613371
FKP 0.863571
GBP 0.865754
GEL 3.194674
GGP 0.863571
GHS 12.974143
GIP 0.863571
GMD 86.533903
GNF 10372.164298
GTQ 9.16245
GYD 249.920458
HKD 9.257838
HNL 31.365884
HRK 7.536597
HTG 156.336498
HUF 381.328619
IDR 19883.141804
ILS 3.663335
IMP 0.863571
INR 108.679593
IQD 1553.453801
IRR 49934.560565
ISK 144.985527
JEP 0.863571
JMD 187.197911
JOD 0.840489
JPY 183.433247
KES 152.915746
KGS 103.662825
KHR 4768.236408
KMF 491.93733
KPW 1066.928941
KRW 1719.752641
KWD 0.36382
KYD 0.995519
KZT 600.800289
LAK 25485.888797
LBP 101410.128375
LKR 369.427204
LRD 219.593979
LSL 19.132649
LTL 3.500149
LVL 0.717031
LYD 7.495914
MAD 10.835985
MDL 20.092409
MGA 5260.173275
MKD 61.631889
MMK 2489.287708
MNT 4228.659246
MOP 9.606327
MRU 47.30937
MUR 53.852723
MVR 18.32658
MWK 2059.023112
MXN 20.70407
MYR 4.672854
MZN 75.580924
NAD 18.967522
NGN 1643.520192
NIO 43.508231
NOK 11.437875
NPR 175.519161
NZD 1.96876
OMR 0.458133
PAB 1.194573
PEN 3.994177
PGK 5.066955
PHP 69.837307
PKR 331.998194
PLN 4.215189
PYG 8001.773454
QAR 4.316051
RON 5.097064
RSD 117.111851
RUB 90.544129
RWF 1742.915022
SAR 4.446506
SBD 9.544303
SCR 17.200951
SDG 713.016537
SEK 10.580086
SGD 1.505332
SHP 0.88935
SLE 28.834661
SLL 24857.038036
SOS 677.454816
SRD 45.104693
STD 24535.182964
STN 24.493185
SVC 10.452048
SYP 13109.911225
SZL 19.132635
THB 37.411351
TJS 11.151397
TMT 4.148866
TND 3.37248
TOP 2.854135
TRY 51.47818
TTD 8.110743
TWD 37.456003
TZS 3052.380052
UAH 51.199753
UGX 4270.811618
USD 1.18539
UYU 46.357101
UZS 14603.874776
VES 410.075543
VND 30749.020682
VUV 141.680176
WST 3.213481
XAF 655.774526
XAG 0.014004
XAU 0.000244
XCD 3.203577
XCG 2.153028
XDR 0.815573
XOF 655.774526
XPF 119.331742
YER 282.508153
ZAR 19.136335
ZMK 10669.938133
ZMW 23.443477
ZWL 381.695147
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • BCC

    0.5100

    80.81

    +0.63%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • NGG

    0.2000

    85.27

    +0.23%

  • BTI

    0.4600

    60.68

    +0.76%

  • RELX

    -0.3700

    35.8

    -1.03%

  • JRI

    0.1400

    13.08

    +1.07%

  • AZN

    0.1800

    92.77

    +0.19%

  • GSK

    0.9400

    51.6

    +1.82%

  • BCE

    0.3700

    25.86

    +1.43%

  • CMSC

    0.0500

    23.76

    +0.21%

  • RIO

    -4.1000

    91.03

    -4.5%

  • VOD

    -0.0600

    14.65

    -0.41%

  • RYCEF

    -0.4300

    16

    -2.69%

  • BP

    -0.1600

    37.88

    -0.42%

Lula to host S.American summit on saving the Amazon
Lula to host S.American summit on saving the Amazon / Photo: Sergio Lima - AFP

Lula to host S.American summit on saving the Amazon

Brazilian President Luiz Inacio Lula da Silva will host a regional summit next week with planetary stakes, as leaders of the countries that share the Amazon seek a roadmap to save the world's biggest rainforest.

Text size:

The meeting of the eight-nation Amazon Cooperation Treaty Organization on Tuesday and Wednesday in Belem, capital of the Amazon state of Para, will serve as something of a dress rehearsal for the COP30 UN climate talks, which the city will also host in 2025.

It is the 28-year-old organization's first summit since 2009, as Lula seeks to deliver on his pledge that "Brazil is back" in the fight against climate change after a period of surging destruction in the Amazon under his far-right predecessor, Jair Bolsonaro.

With its hundreds of billions of carbon-absorbing trees, the Amazon is a key buffer against global warming.

But scientists warn deforestation is pushing it dangerously close to a "tipping point," beyond which trees would die off and release their carbon stores back into the atmosphere, with catastrophic consequences for the climate.

Already, carbon emissions from the Amazon increased by 117 percent in 2020 compared to the annual average for 2010 to 2018, according to the latest figures from researchers at Brazil's national space agency, INPE.

Veteran leftist Lula, who returned to office in January, said he planned to work together with the group's other members -- Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela -- to develop the Amazon basin "without destroying" it.

Leaders are due to discuss strategies to fight deforestation and organized crime, and seek sustainable development for the region, home to 50 million people -- including hundreds of Indigenous groups seen as crucial to protecting the forest.

The summit will conclude with a joint declaration, expected to be "ambitious" and set out "an agenda to guide countries in the coming years," said Brazilian foreign ministry official Gisela Padovan.

- Crime in the jungle -

Brazil, which holds around 60 percent of the Amazon, has pledged to eradicate illegal deforestation by 2030, and is pushing other countries to follow suit.

Deforestation is driven mainly by cattle ranching, though it is fueled by a murky mix of corruption, land-grabbing and organized crime whose tentacles extend to the illegal traffic in drugs, arms, timber and gold.

In Brazil, the world's top exporter of beef and soy, the destruction has already wiped out around one-fifth of the rainforest.

But after a 75-percent jump in average annual deforestation in the Brazilian Amazon under Bolsonaro (2019-2022) versus the previous decade, there are signs of progress.

From January to July, deforestation fell by 42.5 percent from the same period last year.

Ahead of the summit, more than 50 environmental groups called on the region's governments to adopt a plan "to stop the Amazon from reaching a point of no return."

The petition, published by the Climate Observatory, calls on countries to join Brazil's pledge for zero illegal deforestation by 2030, strengthen Indigenous rights and adopt "effective measures to fight environmental crimes."

Lula said Thursday he was confident that "for the first time, jointly and cohesively," the region would "accept its responsibility" to fight rampant crime in the rainforest.

- The world's problem -

Lula insists responsibility for saving the Amazon extends worldwide.

"The world needs to help us preserve and develop the Amazon," he said Wednesday.

"Investing is cheap if it's a matter of saving the rainforest."

Paola Arias, a climate scientist at the University of Antioquia in Colombia, underlined that the cattle and crops produced in the Amazon are often exported abroad.

Deforestation "is not just the Amazon countries' fault," she said.

"It's leveraged by a world agro-industry that generates profits for the global north. Those connections to Europe, North America and Australia have to be part of the debate."

Six presidents are due to attend the summit, with Ecuador and Suriname represented by cabinet ministers.

Norway and Germany, key contributors to Brazil's Amazon Fund to protect the rainforest, are also invited, along with France, which has a share of the Amazon via the territory of French Guiana.

Brazil also invited tropical rainforest nations Indonesia and the Democratic Republic of Congo.

G.Mukherjee--DT