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

    Brazil's Atlantic forest

    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

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    • Show Comments (3)

    • ch.c.

      and Lula Jr “Brazil…. The great emerging economy”
      Wellll….but…but…but….
      1) THE LOWEST ECONOMIC GROWTH RATE IN THE BRIC since Lula Sr was elected !
      2) THE LOWEST ECONOMIC GROWTH RATE IN THE MERCOSUR, including Venezuela, since Lula Sr was elected !
      3) ONE of the LOWEST ECONOMIC GROWTH RATE OF THE WORLD EMERGING NATION ….since Lula Sr took office !

      Yesssss….a very 3rd class economy in the world of emerging nations, until proven otherwise !

      Such a 3rd class that ONLY 6 % of your roadways are PAVED, as per the World CIA factbook.
      Much lower than most 4th class nations !

      Yessss Lula Jr, same genes as your Lula Sr !
      You take your desires for reality !
      Idiots are always sure to be 1’000’000 % sure that right they are !
      You just proved it once more.
      Goebbels said….Lie…lie…lie…something will always remain !
      Suffice to read your comments.

    • ch.c.

      They gotta be laughing in Brasilia. (Tkae advantage Brasil, Obama won’t be in DC very long…)
      Longer than Lula. GUARANTEED !
      You bet ?

      Hmmmmmm

      Me too I am laughing against Lula Jr !
      Same genes. UNDEVELOPED !

      ;-);-);-);-);-);-)

    • Lula Bosta

      Again
      Brazil, thr country of the future. The great emerging economy. Yet again weasling out of a foreign debt. Used to be to the foreign banks. Now, with deforestation (it grows back) at a 20 year low, Brazil promises the nasty US that it will protect the forest. So for $21 million, Lula will send 5 homeless guys in to watch the trees grow. They gotta be laughing in Brasilia. (Tkae advantage Brasil, Obama won’t be in DC very long…)

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