If Brazil wants to harness private interest to fund socio-environmental development and forest conservation the country needs to curb crime
The relationship between investment and lawfullness is a theme that emerged strongly in the debates held during COP26. Therefore, the remaining message is that Brazil needs to control criminal activites in the Amazon if it wants to raise public or private financial resources for the region.
As InfoAmazonia reports, private entities listed suggestions linking development and preservation. Using socio-environmental criteria showing that certain products are free from forest destruction is a fundamental pathway that will be increasingly imposed globally.
As stated by Jenny Xie, an analyst representing a US-based company in the sector, areas under climate risk tend to receive fewer financial resources. Therefore, as deforestation increases droughts and wildfires, with a direct impact on local communities, these are the areas that will be crossed off the major investors’ lists, said the expert during one of the debates on sustainable investments in Glasgow.
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