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Reaching zero deforestation of Amazon Basin

The Amazon Basin is fast approaching an irreversible tipping point. That should concern everyone, because what happens in the Amazon has planetary implications.
Spanning eight South American countries and French Guiana, the Amazon contains more than 60 percent of the world’s tropical forests, 20 percent of its fresh water and about 10 percent of biodiversity.
As a result of land speculation and insatiable global demand for meat, soy, gold, and other commodities, roughly 20 percent of the world’s largest tropical forest has already been razed. A further 5 percent rise in deforestation levels could trigger catastrophic dieback, essentially dooming the 2015 Paris ....

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ANALYSIS-With new law, Brazil seeks to boost payments for protecting nature


10 Apr 2021 / 08:49 H.
By Jennifer Ann Thomas
SAO PAULO, March 25 (Thomson Reuters Foundation) - Brazil s lawmakers have cleared the way for the creation of a national system to pay farmers, local communities and others to protect natural systems that provide key environmental services such as water and carbon storage.
A bill was first approved in January by right-wing President Jair Bolsonaro, although he vetoed key points that would ensure transparency and governance, such as the establishment of a monitoring body and a register for payments.
After those provisions were reinstated, legislators last week backed the bill in a vote bringing together green-minded and agribusiness-friendly congressmen, to lay the foundations for a national policy for Payments for Ecosystem Services (PES). ....

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