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Article

17 Jul 2020

Author:
Al Jazeera

Brazil: Govt. announces ban on setting fires in the Amazon for 120 days following pressure from investors

"Brazil bows to investor pressure, bans setting fires in Amazon", 9th July 2020

Brazil's government announced on Thursday it planned to ban setting fires in the Amazon for 120 days, in a meeting with global investors to address their rising concerns over destruction of the rainforest.

Vice President Hamilton Mourao told reporters that he invited investors in the video conference to help finance conservation of the forest, but he said they did not commit any funds and want to see results first.

Investors have warned they will put investments in Brazil on hold, or even pull existing ones out, if the government of right-wing President Jair Bolsonaro does not act to protect the world's largest tropical rainforest that is seen as vital to curb global warming.

Mourao said Brazil was being unfairly criticised over Amazon deforestation, which has surged since Bolsonaro took office last year. The vice president said the government had inherited understaffed environmental agencies.

Mourao said the government does not have enough personnel to stop outsiders from entering one million square kilometres (about 386,000 square miles) of protected Indigenous lands that are being increasingly invaded by illegal loggers and gold miners.

Public health experts and anthropologists fear the invaders are spreading the coronavirus - which could decimate Amazon tribes...