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The Guardian - UK
The Guardian - UK
Environment
The Secret Negotiator

Lula’s victory in Brazil is a relief but it won’t solve the problem of globalised greed

A fisherman takes a large Pirarucu from the water at the Piagacu-Purus Sustainable Development Reserve in Amazonas, Brazil.
A fisherman takes a large Pirarucu from the water in a reserve in Amazonas, Brazil. Photograph: Ricardo Oliveira/AFP/Getty Images

We are a month away from Cop15 and money is on my mind. The election of President Lula da Silva in Brazil is good news for the chances of success in Montreal. But optimism must always consider reality: huge financial resources are needed to halt the destruction of the planet’s ecosystems, and we are still very far from a credible plan for raising the necessary funds.

Across the globe, almost without exception, nature is worth more dead than alive. That is the unfortunate truth. There is not yet a mechanism for tilting the playing field in favour of biodiversity and the climate, something I am sure will come up frequently at Cop27, too. To change that, we need to tackle two key issues: rural poverty and globalised greed.

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