Since President Luiz Inácio Lula da Silva returned to office on Jan. 1, Brazil's Institute of the Environment (Ibama) increased by almost 90% the fines imposed on trespassers of environmental rules, when compared to the last year of the Jair Bolsonaro administration, it was reported.
Despite elected on a climate action platform the Australian government has approved a new coal mine for the first time since it was elected, reports the BBC from Canberra. The government was bound by national environment laws when considering Central Queensland's Isaac River coal mine, a spokeswoman said.
Montevideo Mayor Carolina Cosse will ask the National Emergency System (Sinae) to step in as the shortage of drinking water in the Uruguayan capital gets more and more serious. The city and the Metropolitan area is feared to run out of drinking water in between 20 to 30 days due to lack of rainfall.
David Boyd, the United Nations (UN) envoy for human rights and the environment, warned that Chile is facing a frightening and interconnected environmental crisis that is violating the rights of millions of people at the industrial complex known as the Chilean Chernobyl.
By Gwynne Dyer – 'At least half the current agricultural land on the planet, more likely two-thirds of it, has to be re-wilded in order to restore the world’s principal carbon sink and to preserve the biodiversity on which the entire ecosystem depends.
In a debt for nature swap, Credit Suisse has announced buying Ecuadorian bonds worth US$1.6 billion. With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely. Effectively, Ecuador has now bought its own debt back at a knock-down price via a fresh loan from Credit Suisse.
According to a Moody's Analytics report published this week, Latin America will lose productivity to climate change if it does not take swift action. The document titled Latin America under the risk of climate change explained that governments, companies, and financial institutions should adopt preventive measures to reduce carbon emissions, in order to mitigate eventual damages caused by climate change.
Agriculture has taken its toll on Latin American forests, particularly in South America's two largest countries. Argentina reached 444,535 hectares deforested to prioritize crops and cattle feeding.
Brazil’s government said it could not interfere with a landmark EU law banning imports of commodities linked to deforestation but will keep farming according to its own laws. The law approved by the European Parliament on April 19 bans imports of coffee, beef, soy, palm oil, cocoa, rubber, wood, charcoal and derived products including leather, chocolate and furniture if they are linked to forest destruction.
Insufficient rainfall has once again forced the Panama Canal to reduce the draft of ships crossing through the inter-oceanic route – another episode of the water supply crisis that threatens the future of the maritime course that handles 6% of global maritime trade