Brazil's Congress passed legislation loosening environmental licensing, a potential blow to President Luiz Inacio Lula da Silva as he seeks to burnish his country's green credentials before hosting the United Nations global climate summit, COP30, this year.
Breakdown
- Brazil's Congress passed a bill weakening environmental permitting rules.
- The legislation was supported by the agribusiness caucus and faced opposition from environmentalists and some international lawmakers. 27s
- The new rules allow certain projects, like dams and sanitation infrastructure, to bypass environmental permits. 1m 55s
- President Lula can veto the bill, and its legality could be challenged in the Supreme Court. 2m 9s