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Fortune
Fortune
Caio Koch-Weser, Carlos Nobre

As Lula takes office, it’s time for Brazil to create an ‘economy of standing forests’

(Credit: Maira Erlich - Bloomberg - Getty Images)

By turning the tide of the Amazon’s destruction, Brazil can retake center stage in the fight against climate change and irreversible ecosystem losses. Given how extraordinarily dependent Brazil’s economy is on its agricultural sector, and in turn the Amazon’s health, the need for action is urgent. The hope for a better future for more than 25 million Brazilian Amazonians depends on it.  

Preserving the Amazon Rainforest is crucial in the global efforts to fight climate change–a fact not lost on president-elect Luiz Inácio Lula da Silva, who is attending the COP27 UN climate summit in Egypt this week even before taking office. As more than 60% of the rainforest domain lies within Brazil’s borders, the incoming Lula administration bears the largest responsibility for preserving the region’s biome.

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