By Niamh McCarthy and Kyle Saukas
The seeds of a new climate investment revolution are being planted in Brazil, say Niamh McCarthy and Kyle Saukas of Climate Advisors
Brazil’s historic accomplishment in reducing Amazon rainforest deforestation rates to their lowest levels since 2018 within the first year of President Luiz Inácio “Lula” da Silva’s administration signals a paradigm shift in climate action. After years of rapidly increasing deforestation, the Lula administration has shown that course-correction shifts at the scale needed to meet Paris Agreement goals are possible.
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