Brazil Converts US$ 21 Million Debt to US into Project to Protect Forests

Brazzil Magazine covers

Brazil's Atlantic forest Brazil and the United States signed an agreement in which Brazil will use US$ 21 million that it owes the US Agency for International Development (USAID) for environmental protection projects in Brazil.

Specifically, the money will be employed over the next five years (between now and 2015) in conserving biomass in the Atlantic Rainforest, Savannah and Semi-Arid (Mata Atlântica, Cerrado and Caatinga”) regions of Brazil under terms of US legislation known as the Tropical Forest Conservation Law (TFCA).

The TFCA was enacted in 1998 and this is the first time it has been used in Brazil (the US has 16 other TFCA agreements around the world).

Amazon Deforestation

In June, a total of 243.7 square kilometers of Amazon rainforest was cut down. That is 58% less than in June 2009, reports the Real Time Deforestation Detection system (Deter) at the National Space Research Institute (Inpe) – a report based on satellite images.

Brazil’s official deforestation calendar runs from August to July, so there is still a month left for the current “burning season.” However, the official numbers coming from Deter show a continued downward tendency in Amazon deforestation that has been occurring for some months.

Cumulative deforestation, from August 2009 to June 2010, now totals 1,808 square kilometers, down 49%, compared to the previous 12-month period.

Another detection system, Prodes (Projeto de Monitoramento do Desmatamento na Amazônia Legal), which is more precise than Deter (it measures smaller areas), is used as the basis of annual reports by the Brazilian government on the rate of Amazon deforestation.

The next Prodes report is due in November. The last report, in November 2009, found that 7,400 square kilometers of rainforest were destroyed, the lowest number in 20 years of surveys.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazilian Day in New York Goes "Global"

Brazilian Day in New York was a huge event this year, with a much ...

Brazzil Magazine covers

Brazil Exports and Imports to Arabs Grow to About US$ 1 Billion

Exports from Brazil to the Arab nations grew 58% in July when compared to ...

Brazzil Magazine covers

Brazil-Arab Trade Grows to US$ 12 Billion Favoring Brazilians

The trade flow between Brazil and the Arab countries, i.e. exports plus imports, reached ...

Brazil’s Parallel Society: Where Outlaws Are the Law

The Constitution of Brazil says, in its Article 144, that the right to security ...

Brazzil Magazine covers

Brazil’s Empretec Makes Railway and Veterinary Equipment

Empretec, a company that is based in the city of Guarulhos, in the Greater ...

Brazzil Magazine covers

Brazil Becomes a Leading Buyer of Consumer Products Companies Worldwide

Together with China and India, Brazil stood out in terms of acquisitions of companies ...