Anya Prusa, senior director at Dentons Global Advisors-Albright Stonebridge Group: “The new decree on environmental fines is a positive step that, if enforced, could help curb the dramatic rise in Amazon deforestation seen in recent years and move Brazil closer toward its COP 26 promise to end deforestation by 2028. It is also a clear indication that mounting pressure from civil society, the private sector and the international community has found some measure of success in encouraging action. There is no doubt that something needs to be done. The first four months of this year alone saw a 69 percent increase in deforestation compared to the same period in 2021. Meanwhile, fewer environmental fines have been issued even as deforestation rates have spiked–and the vast majority of fines go unpaid, weakening their effectiveness as a deterrent…”
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Gene Kuleta
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Goette-Luciak
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DevryBV Sustainable Strategies
Joyce Chang
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President Emeritus,
Inter-American Dialogue
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GLG Inc.
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Int’l Gov’t Relations,
Exxon Mobil
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Georgetown University
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US Education Finance Group
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Chairman,
Grupo Marhnos
Thomas F. McLarty III
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McLarty Associates
Beatrice Rangel
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AMLA Consulting
Ernesto Revilla
Head of Latin American Economics, Citi
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President,
IESA
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President, Rozental &
Asociados
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Managing Director,
Sovereigns, Fitch
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