Brazil Joins 7 Amazon Neighbor Countries to Manage Common Water

An international project will promote the integration of eight different countries in the Amazon Basin region in the quest for joint management of water resources.

The Amazon Cooperation Treaty Organization (OTCA) will be the regional executor of the project “Integrated and Sustainable Management of Cross-Border Water Resources in the Amazon River Basin.”


Initially, the project will receive US$ 700 thousand from the Global Environment Facility (GEF), as approved in May of this year.


The funds will be administered by the Organization of American States (OAS), and the project will receive technical support from the United Nations Environment Program (UNEP) and cooperation from national institutions in the region.


According to the secretary-general of the OTCA, Rosalia Arteaga Serrano, the purpose of the initiative is to draft a proposal for a water management model in the Amazon.


She explains that it is necessary to establish guidelines for joint preventive actions to identify the chief problems affecting the Amazon Basin.


Moreover, she points out, the project is important in the search for joint solutions that favor the process of economic, social, and environmentally sustainable development in the region. The preparation of the project will get underway soon and should take two years.


In Serrano’s opinion, the signing of the agreement is historically significant, because it marks the first time the eight countries of the Amazon Basin (Brazil, Bolivia, Colombia, Ecuador, Guyana, Peru, Surinam, and Venezuela) will work together on the management of water resources in the region.


“In the first phase, US$ 700 thousand are slated to be transferred, and, in the second, US$ 10 million. We are hopeful that this second parcel of resources for the project will total US$ 30 million,” she comments.


Water is the main natural resource the Amazon has to offer, and the basin as a whole contains approximately 20% of the world’s fresh water supplies.


ABr – www.radiobras.gov.br

Tags:

You May Also Like

Brazil’s Petrobras Sets Aside Close to US$ 700 Million to Help 4 Million Poor

The Brazilian state-controlled oil company Petrobras launched on November 21, at Brazil's presidential office ...

Brazil’s JBS Files for US$ 2 Billion Initial Public Offering in the US

JBS, IPO, Wall Street Brazil-based JBS SA, the world's largest meat processor, filed for ...

RAPIDINHAS

— But this is just work, love. I don’t come with any man, only ...

Brazilian President Lula seems unbeatable despite all the scandals around him

While a Brazil Group Seeks Death Penalty for Corrupt Politicos, Lula Sails Unfazed

Brazil’s President, Luiz Inácio Lula da Silva, is set to win next month’s presidential ...

Brazilian Army Patrols Parí¡ Cities

The Brazilian army continues to patrol 17 cities in the state of Pará, in ...

Brazil’s Chief of Staff Scolds Inflation-Mongers

The head of the Presidential Civilian Advisory Staff, Minister José Dirceu, criticized some people’s ...

US, China and India Are Priorities for Brazilian Exports in 2009

Those firms from Brazil that have the support of the Brazilian Export and Investment ...

For IMF, Brazil is Reaping Fruits of Discipline

In 2004 there was a marked pickup in activity in most of Latin America, ...

Brazilian Markets Seeing Red

Brazilian and Latin American shares returned a small portion of the impressive gains logged ...

Machinery Industry in Brazil Worried High Interest Rates Will Stunt Its Growth

Brazil’s machinery and equipment industry recorded growth of 19.9% in revenues in the first ...