LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

June 13, 2022

Will Brazil’s New Decree on Logging Protect the Amazon?

Brazil’s president last month signed a decree to toughen penalties for providing false information on forest concessions. Part of the Brazilian Amazon rain forest, near Manaus, is pictured. // File Photo: Neil Palmer (CIAT) via Creative Commons.

Q

A

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…”

Top News

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Pope Francis today expressed sadness and dismay at the killings of two Jesuit priests in a church in Mexico’s Chihuahua state. The priests were killed Monday in the remote village of Cerocahui.
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El Salvador Extends State of Emergency
Salvadoran lawmakers extended a controversial state of emergency, which President Nayib Bukele says is needed to deal with gangs. Authorities have made more than 41,000 arrests since the measure was implemented in March.

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Merike Blofield
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Devry Boughner Vorwerk
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Joyce Chang
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J.P. Morgan

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Int’l Gov’t Relations,
Exxon Mobil

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Professor of Political Economy,
Georgetown University

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US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
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Beatrice Rangel
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AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
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President, Rozental &
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