article thumbnail

Amazon Deforestation is Down. Here’s Why.

Legal Planet

For several years, headlines about Amazon deforestation have all been bad. Good news in Brazil where deforestation in the Amazon declined 66.1 For the first eight months of the year, the rate of deforestation is 48 percent lower than the same period in 2022. percent compared to last August. Gray: Yes, for sure.

article thumbnail

Deforestation Declining, but Too Slow to Meet Climate Goals

Yale E360

Global deforestation dropped by just 6.3 percent in 2021, leaving the world off track from its goals of ending forest loss by 2030 and limiting warming to 1.5 degrees C, according to a new report. Read more on E360 ?.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Stream, July 1, 2021: Brazil Bans Outdoor Fires To Curb Deforestation In Amazon

Circle of Blue

Reuters reports that the move comes ahead of the annual burning season in the Amazon rainforest in an attempt to cut down on deforestation. The post The Stream, July 1, 2021: Brazil Bans Outdoor Fires To Curb Deforestation In Amazon appeared first on Circle of Blue. TODAY’S TOP WATER STORIES, TOLD IN NUMBERS.

article thumbnail

Analysis: Coal extraction in Indonesia is driving deforestation

A Greener Life

In 2021, the country produced 610 million tons of coal, half of which was exported, at a value of US$29.6 Coal extraction in Indonesia is done with open-pit mining, hence the deforestation,” says Syahrul Fitra, a senior forest campaigner at Greenpeace Southeast Asia. of total tropical deforestation between 2000 and 2019.

article thumbnail

French banks accused of money laundering linked to Amazon deforestation

Corp Watch

French banks accused of money laundering linked to Amazon deforestation Mongabay PaulaR Fri, 11/17/2023 - 17:58 Thursday, November 16, 2023 Read more Dimitri Selibas A coalition of NGOs has filed a criminal complaint against several French banks for allegedly financing meat companies driving deforestation in Brazil.

article thumbnail

Big banks linked to deforestation that threatens Indigenous people

A Greener Life

The Ayoreo people live in the forests of the Gran Chaco in Paraguay, where protected land has been drastically deforested in recent decades. The Bank of America, meanwhile, underwrote a US$285 million bond for Frigorifico Concepción in 2021. Now, another Indigenous group in South America faces a similar threat. million and US$4.5

article thumbnail

Analysis: How Costa Rica reversed deforestation and raised millions for conservation

A Greener Life

During last November’s COP26 climate change conference, the president of Costa Rica, Carlos Alvarado, signed an agreement that will see US$20 million flow towards the conservation of the country’s forests, funds earmarked to increase protection and help avoid deforestation. million.