Dubai Telegraph - Brazil's climate wins ahead of COP30

EUR -
AED 4.233923
AFN 75.511939
ALL 92.895059
AMD 421.789926
ANG 2.063391
AOA 1057.183632
ARS 1719.790065
AUD 1.633912
AWG 2.07661
AZN 1.955852
BAM 1.956117
BBD 2.323877
BDT 141.622958
BGN 1.955693
BHD 0.434719
BIF 3456.309917
BMD 1.152872
BND 1.476752
BOB 13.528193
BRL 6.004737
BSD 1.153787
BTN 110.062842
BWP 15.531652
BYN 3.470063
BYR 22596.288984
BZD 2.320476
CAD 1.60685
CDF 2620.478107
CHF 0.937976
CLF 0.026782
CLP 1054.082104
CNY 7.774045
CNH 7.776363
COP 3603.23191
CRC 518.092974
CUC 1.152872
CUP 30.551105
CVE 110.785372
CZK 24.226916
DJF 205.463307
DKK 7.476057
DOP 67.438429
DZD 153.253185
EGP 57.847537
ERN 17.293078
ETB 186.638874
FJD 2.552977
FKP 0.853357
GBP 0.855102
GEL 3.008812
GGP 0.853357
GHS 12.768095
GIP 0.853357
GMD 84.735928
GNF 10116.451155
GTQ 8.794797
GYD 241.393319
HKD 9.046505
HNL 30.932283
HRK 7.534481
HTG 150.915773
HUF 363.45904
IDR 20593.404655
ILS 3.415919
IMP 0.853357
INR 110.022081
IQD 1511.445014
IRR 1584723.283387
ISK 142.206962
JEP 0.853357
JMD 182.541174
JOD 0.817403
JPY 183.91477
KES 149.290173
KGS 100.818784
KHR 4666.250593
KMF 492.276675
KPW 1037.585037
KRW 1635.53902
KWD 0.356042
KYD 0.961556
KZT 536.93704
LAK 26032.107048
LBP 103321.649013
LKR 384.612348
LRD 209.413947
LSL 18.612937
LTL 3.404131
LVL 0.697361
LYD 7.349191
MAD 10.687132
MDL 20.02916
MGA 4969.934982
MKD 61.534975
MMK 2420.853442
MNT 4147.997617
MOP 9.325512
MRU 46.236495
MUR 54.357605
MVR 17.823333
MWK 2000.776401
MXN 19.652327
MYR 4.7111
MZN 73.667344
NAD 18.613017
NGN 1568.885967
NIO 42.456882
NOK 10.9678
NPR 176.103602
NZD 1.971619
OMR 0.443294
PAB 1.153787
PEN 3.893431
PGK 5.105828
PHP 70.756937
PKR 320.262416
PLN 4.310646
PYG 6886.116278
QAR 4.190708
RON 5.242689
RSD 117.308199
RUB 95.773657
RWF 1699.590255
SAR 4.31533
SBD 9.297844
SCR 16.16734
SDG 692.302189
SEK 11.032771
SGD 1.476563
SHP 0.854124
SLE 28.302367
SLL 24175.146142
SOS 659.412614
SRD 43.489212
STD 23862.12042
STN 24.503972
SVC 10.095637
SYP 14989.640166
SZL 18.618018
THB 38.26846
TJS 10.661028
TMT 4.035052
TND 3.383185
TOP 2.775839
TRY 55.076955
TTD 7.824268
TWD 37.02978
TZS 3049.926071
UAH 51.576803
UGX 4283.768737
USD 1.152872
UYU 46.187424
UZS 13782.234177
VES 882.402769
VND 30061.134452
VUV 136.724412
WST 3.148238
XAF 656.069043
XAG 0.017834
XAU 0.000265
XCD 3.115694
XCG 2.079437
XDR 0.815954
XOF 656.063352
XPF 119.331742
YER 273.403529
ZAR 18.690336
ZMK 10377.230082
ZMW 21.691516
ZWL 371.224277
  • BCC

    -0.1150

    84.135

    -0.14%

  • CMSC

    0.0300

    21.48

    +0.14%

  • RYCEF

    0.1700

    20.71

    +0.82%

  • RBGPF

    0.0000

    72.16

    0%

  • NGG

    0.3800

    81.06

    +0.47%

  • GSK

    0.0450

    50.345

    +0.09%

  • AZN

    -1.2350

    157.265

    -0.79%

  • CMSD

    -0.0210

    21.569

    -0.1%

  • RELX

    -0.1100

    34.44

    -0.32%

  • BCE

    0.0400

    23.17

    +0.17%

  • VOD

    0.1100

    16.2

    +0.68%

  • RIO

    -3.0700

    98.15

    -3.13%

  • BTI

    1.4300

    57.27

    +2.5%

  • JRI

    -0.0200

    12.69

    -0.16%

  • BP

    -0.1190

    42.811

    -0.28%

Brazil's climate wins ahead of COP30
Brazil's climate wins ahead of COP30 / Photo: Ricardo STUCKERT - Brazilian Presidency/AFP/File

Brazil's climate wins ahead of COP30

Brazil's president has slashed deforestation in the Amazon and worked to better protect Indigenous people, giving him a generally positive environmental record as he prepares to host COP30 UN climate talks in a month.

Text size:

However, veteran leftist Luiz Inacio Lula da Silva faces a strong agribusiness lobby in congress that has tried to weaken environmental laws, and the president has enraged green activists with his support for the expansion of oil exploration.

This is what experts say he is doing right:

- Brazil's climate comeback -

The 79-year-old has returned to office after years of rampant Amazon deforestation under his climate-sceptic predecessor Jair Bolsonaro.

"Brazil is back," he declared at COP27 in Egypt shortly after his re-election, receiving a rock star's welcome as he pledged to protect a rainforest with billions of carbon-absorbing trees that are a key buffer against global warming.

He announced plans to host COP30 in the Amazon itself so world leaders could get a first-hand look at one of Earth’s richest ecosystems.

Another strong message was Lula's choice of environment minister, Marina Silva -- who cut deforestation dramatically during his first term.

The pair have previously feuded over the clash between development goals and environmental protection.

They set about rebuilding Brazil's environmental agencies and Lula also reactivated the Amazon Fund, an international financing mechanism to protect the forest that had been suspended under Bolsonaro.

- Slowing forest loss -

Lula pledged zero deforestation by 2030.

In the last year of Bolsonaro's presidency in 2022, deforestation reached more than 10,000 square kilometers (3861 square miles) -- an area about the size of the country of Lebanon.

This number had dropped by more than half by 2024, falling to 4,200 square kilometers.

However, in 2024, Brazil suffered one of its worst waves of forest fires on record. The flames, often linked to agricultural activity, grew out of control amid a historic drought linked to climate change.

Silva said fires had become one of the main causes of deforestation.

Forest loss also slowed in other sensitive biomes like the Cerrado, a vast region of tropical savannah in central Brazil.

- Indigenous lands -

Indigenous lands are seen as a key barrier to Amazon deforestation.

Lula created an Indigenous people's ministry and legalized 16 Indigenous reserves during his third term -- a process that had been paralyzed under previous governments.

Marcio Astrini of the Climate Observatory, a collective of NGOs, said the demarcation of Indigenous lands was particularly important in case a climate-sceptic candidate wins 2026 presidential elections.

"A new government can withdraw funding from climate policies, but it won't be able to undo a protected Indigenous area," he told AFP.

Government policies also expelled invaders from more than 180,000 square kilometers of Indigenous lands -- an area slightly smaller than Uruguay -- according to the state Indigenous affairs agency Funai.

Local populations "regained freedom to move around, resume hunting...they recovered their territory," Nilton Tubino, coordinator of Indigenous policies for the federal government in the northern Amazon state of Roraima, told AFP.

- Financing forest protection -

Brazil's government has also designed a global initiative to finance the conservation of endangered forests: the Tropical Forest Forever Fund (TFFF).

"This is the main contribution Brazil intends to make to the COP," said Finance Minister Fernando Haddad.

Authorities envision the TFFF as a fund of more than $100 billion in public and private capital.

Three weeks ago, Lula announced that Brazil would invest $1 billion in this initiative during a speech in New York on the sidelines of the UN General Assembly.

G.Rehman--DT