Brazil cut deforestation by a third, yet lost twice as much primary rainforest to fire. Now it’s expanding oil drilling near the Amazon. Can the host of COP30 walk its own climate talk?
Breakdown
- Brazil is recognized as a renewables powerhouse and is hosting a major global climate event.
- The government has reduced deforestation rates by over 30 percent, but wildfires and drought have led to a doubling of primary rainforest loss in 2024. 20s
- Brazil generates more than 80 percent of its electricity from renewables but has recently approved new oil exploration licenses at the mouth of the Amazon. 1m 0s
- The government argues that oil export profits could help finance Brazil's green transition, while rich countries are expected to lead in reducing fossil fuel emissions. 1m 20s
- At COP30, Brazil plans to launch a global fund to pay nations for preserving rainforests, aiming to make conservation more valuable than deforestation. 2m 4s