Dubai Telegraph - Colombia, Venezuela launch COP27 call to save Amazon

EUR -
AED 4.229626
AFN 72.557604
ALL 96.200283
AMD 434.304194
ANG 2.061644
AOA 1056.111273
ARS 1608.366971
AUD 1.624462
AWG 2.075944
AZN 1.961012
BAM 1.959872
BBD 2.316914
BDT 141.153259
BGN 1.968616
BHD 0.434975
BIF 3415.570318
BMD 1.151703
BND 1.471489
BOB 7.977574
BRL 6.023521
BSD 1.150395
BTN 106.10737
BWP 15.685657
BYN 3.42682
BYR 22573.37436
BZD 2.313607
CAD 1.577706
CDF 2608.606438
CHF 0.906401
CLF 0.026516
CLP 1047.036065
CNY 8.011532
CNH 7.927786
COP 4266.390788
CRC 540.339027
CUC 1.151703
CUP 30.520123
CVE 110.495044
CZK 24.447537
DJF 204.846478
DKK 7.472351
DOP 70.218019
DZD 152.293142
EGP 60.314344
ERN 17.275542
ETB 181.205966
FJD 2.548085
FKP 0.865883
GBP 0.864249
GEL 3.132339
GGP 0.865883
GHS 12.521068
GIP 0.865883
GMD 84.64982
GNF 10085.259587
GTQ 8.817357
GYD 240.800286
HKD 9.024915
HNL 30.45433
HRK 7.536975
HTG 150.776526
HUF 390.904627
IDR 19546.066035
ILS 3.578709
IMP 0.865883
INR 106.404091
IQD 1506.930794
IRR 1521456.949262
ISK 143.444364
JEP 0.865883
JMD 180.956741
JOD 0.816554
JPY 183.182895
KES 149.25565
KGS 100.716474
KHR 4612.683422
KMF 494.080561
KPW 1036.583062
KRW 1717.137006
KWD 0.353285
KYD 0.958592
KZT 555.504113
LAK 24686.288142
LBP 103012.919266
LKR 358.214225
LRD 210.506434
LSL 19.352807
LTL 3.400679
LVL 0.696653
LYD 7.373351
MAD 10.807353
MDL 20.015584
MGA 4788.970338
MKD 61.646389
MMK 2418.752297
MNT 4116.758787
MOP 9.277475
MRU 45.865285
MUR 53.692156
MVR 17.805285
MWK 1994.352117
MXN 20.347536
MYR 4.512364
MZN 73.59289
NAD 19.352807
NGN 1574.711229
NIO 42.33015
NOK 11.076035
NPR 169.776624
NZD 1.970322
OMR 0.442828
PAB 1.15039
PEN 3.97095
PGK 4.960413
PHP 68.687266
PKR 321.348828
PLN 4.260298
PYG 7466.7073
QAR 4.204854
RON 5.092139
RSD 117.408061
RUB 94.300137
RWF 1678.895356
SAR 4.324546
SBD 9.273119
SCR 15.398642
SDG 692.173095
SEK 10.712771
SGD 1.471444
SHP 0.864075
SLE 28.332368
SLL 24150.643776
SOS 656.266306
SRD 43.271205
STD 23837.922132
STN 24.551755
SVC 10.065913
SYP 127.696075
SZL 19.338261
THB 37.263379
TJS 11.043195
TMT 4.036718
TND 3.397774
TOP 2.773023
TRY 50.912745
TTD 7.801208
TWD 36.762926
TZS 3005.944222
UAH 50.714084
UGX 4343.023049
USD 1.151703
UYU 46.76696
UZS 13908.897074
VES 513.943044
VND 30289.782943
VUV 137.728848
WST 3.172031
XAF 657.325511
XAG 0.014343
XAU 0.00023
XCD 3.112535
XCG 2.073207
XDR 0.817502
XOF 657.325511
XPF 119.331742
YER 274.684228
ZAR 19.245057
ZMK 10366.706959
ZMW 22.402543
ZWL 370.847823
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.3800

    16.5

    +2.3%

  • AZN

    2.1100

    192.01

    +1.1%

  • BTI

    1.0100

    60.94

    +1.66%

  • CMSC

    0.0000

    22.99

    0%

  • GSK

    0.3800

    53.77

    +0.71%

  • RELX

    0.3300

    34.47

    +0.96%

  • BCE

    0.6521

    25.9

    +2.52%

  • CMSD

    -0.0400

    22.95

    -0.17%

  • RIO

    2.0300

    89.86

    +2.26%

  • NGG

    -0.0100

    90.89

    -0.01%

  • VOD

    0.1900

    14.6

    +1.3%

  • BCC

    1.7200

    71.72

    +2.4%

  • BP

    0.2300

    42.9

    +0.54%

  • JRI

    -0.0500

    12.54

    -0.4%

Colombia, Venezuela launch COP27 call to save Amazon
Colombia, Venezuela launch COP27 call to save Amazon / Photo: - - AFP

Colombia, Venezuela launch COP27 call to save Amazon

The presidents of Colombia and Venezuela, Gustavo Petro and Nicolas Maduro, launched a call Tuesday at the COP27 climate summit for a wide-ranging alliance to protect the Amazon, the planet's biggest tropical forest.

Text size:

"We are determined to revitalise the Amazon rainforest... (in order) to offer humanity a significant victory in the battle against climate change," Petro said at the UN summit in the Egyptian resort of Sharm el-Sheikh.

"If we, in the South Americas, carry a responsibility, it is to stop the destruction of the Amazon and put in place a coordinated process of recovery," Maduro said, speaking alongside Petro and the president of Suriname, Chan Santokhi.

Key to any such revival plan will be the newly elected Brazilian President Luiz Inacio Lula da Silva, widely known as Lula, who will take up his post on January 1 and is expected to attend COP27 next week.

The participation of Brazil in such a planned alliance will be "absolutely strategic", Petro said.

Leftist Lula faces an immense challenge in putting a brake on Amazon deforestation, a phenomenon that rapidly proliferated under his right-wing predecessor Jair Bolsonaro.

Petro, architect of the proposed new alliance, has called for the US to collaborate, noting that it is "the country that pollutes the most" on the American continent, while the south of the landmass is "the sponge that absorbs the most carbon dioxide on the continent".

He advocated "the opening of a fund" fed by "the contribution of private companies and world nations".

Petro had announced the previous day that his country intends to set aside $200 million per year over the next two decades to protect the Amazon.

He urged solidarity from international organisations, at a time when the COP has put the issue of compensation for damage caused by global warming on its agenda, despite resistance from developed nations.

"One of the subjects which could bring consensus between us, Africa and part of Asia is (a mechanism for) forgiveness of (national) debt as a means of financing action" against climate change, Petro said.

The International Monetary Fund would have "a role to play" in working with developing countries on this issue, he added.

- 'Buried reserves' -

The "political message (is) very important", but the question "is to know how these intentions will materialise," said Harol Rincon Ipuchima, a representative of Indigenous people in Colombia.

Ipuchima, who is also the co-chair of the Indigenous caucus at the United Nations Framework Convention on Climate Change, took President Petro to task for not having spoken more with his community, whom he described as "the masters of the territory".

According to Amazon Conservation, which tracks deforestation in the region, around 13 percent of the original biomass of the Amazon rainforest has already disappeared.

The Amazon basin, which stretches over 7.4 million square kilometres, covers nearly 40 percent of South America and takes in nine countries, with around 34 million -- mostly Indigenous people -- living across this area.

Petro, the first leftist president of Colombia, took office on August 7, with an ambitious environmental plan that targets converting his nation to clean energy and halting exploration for new oil deposits, among other measures.

He has however recognised that the presence of sub-soil hydrocarbon reserves in the Amazon region, beginning with Venezuela, could thwart this plan, but emphasised he is determined to eventually abandon fossil fuels.

Colombia's Environment Minister Susana Muhamad Gonzalez has advocated a "diversification" of economies of countries that possess such resources, urging them to "leave the reserves in the soil".

Ipuchima recalled that "entire territories of the Indigenous people of the Amazon have been destroyed."

"Not only Venezuela, but Colombia too has many oil companies in these territories. Likewise Peru, Bolivia and Ecuador," he added.

President Petro hopes to organise a meeting with the other regional countries in early 2023 to discuss his proposed alliance.

A.Ragab--DT