BRASILIA, Oct 5 (Reuters) – Brazil, beneath fireplace for failing to cease destruction of the Amazon rainforest, plans to point out the world at subsequent month’s United Nations Climate Change Conference (COP26) that it may possibly combat local weather change whereas remaining a high agricultural powerhouse, Environment Minister Joaquim Leite stated on Tuesday.
Far-right Brazilian President Jair Bolsonaro has been blasted internationally for not doing sufficient to cease deforestation. The nation’s rainforest is taken into account an important bulwark in opposition to world local weather change.
Leite, who will head the Brazilian delegation to COP26 in Glasgow, stated the Paris Agreement on limiting world warming is a chance for Brazil to point out it may possibly cut back carbon emissions even whereas serving as a significant meals producer for the world.
“We want to clearly position Brazil as a country that is part of the Climate Agreement and has an ambitious target of a 43% reduction in emissions by 2030 and carbon neutrality by 2050. We are part of the solution,” he advised reporters.
With an power matrix based mostly on 83% renewable sources, primarily hydroelectric, Brazil can meet that focus on, he stated.
To ship on guarantees, Brazil wants to chop means again on deforestation, the nation’s essential supply of emissions. Under Bolsonaro, destruction of the Amazon rainforest has surged to ranges final seen over a decade in the past.
Leite stated challenges in Glasgow embody an settlement for extra funding for greener economies and forest conservation, and to get carbon markets working extra successfully.
“Brazil will seek consensus especially on the volume of financing for mitigation and reforestation. That needs to be more than the $100 billion (per year) that was promised and never delivered,” he stated.
The problem of reaching a inexperienced world economic system will price greater than that, he stated, including that the funding have to be efficient, environment friendly and freed from bureaucratic hurdles.