Bolsonaro To Biden: Pay Me Not To Raze The Rainforest

The Wall Street Journal reports:

Brazil’s government, widely criticized by environmental groups as a negligent steward of the Amazon rainforest, has made an audacious offer to the Biden administration: Provide $1 billion and President Jair Bolsonaro’s administration will reduce deforestation by 40%.

The proposal was made as the Brazilian president prepares for a virtual environmental summit with roughly 40 heads of state hosted Thursday and Friday by President Biden, who has made battling climate change a centerpiece of his administration.

Mr. Bolsonaro argues that the only way to save the jungle is through carbon credits and by financing sustainable economic activities so people can make a living from fish farming, cacao production and other activities that don’t require the razing of trees.

Read the full article.

Brazil’s government has made an audacious offer to the Biden administration: Provide $1 billion and the Bolsonaro administration will reduce deforestation by 40% https://t.co/s5vr6D10O7

— David Luhnow (@davidluhnow) April 21, 2021