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          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
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      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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            • Bitcoin Price Volume Decline with Lowering Volatility
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
  • Lifestyle
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          • Is Roblox shutting down? Vs. Robox will be listed NYSE
      • Music
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    • Luxury
      • Most Expensive Watches
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      • Best Luxury SUVs for 2020
      • Porsche
      • Luxury Yatchs
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      • Best Electric Cars
      • Best Luxury Yoga Retreats
      • The Best Luxury Sports Cars
      • Best Time to Buy a Car
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        • Direct Payments in coronavirus
    • Tech
      • iPhone 12
  • Banking
    • Banks “Best of…”
      • Best Online Banks of 2020
      • Best Bank for Home Loans 2020
      • Best Bank for FHA Loan of 2020
      • Best Bank Interest Rates March 2020
      • Best Bank Promotions and Bonuses 2020
      • Best Online Checking Accounts of 2021
      • Best Money Market Accounts of 2020
      • Best CD Rates of 2020
      • Best Online Savings Accounts of February 2020
      • Best KYC Solutions 2020
      • 7 Best Mobile Banking App 2020
    • Banks Guides
      • KYC Verification: How it is Done?
      • Personal Finances in Coronavirus
      • 6% cd rates – They Exists ?
    • Transfer Money Online
      • Send Money Online
      • Best App To Send Money Online
    • Mobile Banking
    • Digital Bank
      • JPMorgan Chase
      • Capital One
      • Royal Bank of Canada
      • Royal Dutch Shell
      • Chase Online
      • Western Union
  • Credit Cards
    • Credit Cards “Best of…”
      • Capital One Credit Card – Best Cards of 2020
      • Best Credit Cards for Students 2020
      • Best Airline Credit Card 2020
      • Best Gas Rewards Credit Cards of 2020
      • Best hotel credit cards for 2020
      • Best Cash Back Credit Cards 2020
      • Best Travel Credit Card 2020
      • Best No Annual Fee Credit Cards 2020
      • Best Secured Credit Cards 2020
      • Best Credit Cards for Bad Credit 2020
      • Best Rewards Credit Card 2020
      • Best 0% APR Credit Cards of February 2020
      • The Best Credit Card for Balance Transfers 2020
      • Best Buy Credit Card 2020
      • Best Credit Cards of July 2020
      • 11 Best Prepaid Debit Cards of 2020
      • Best Business Credit Cards 2020
    • Cards
      • American Express
      • Lowe’s Credit Card
      • Get Revolut Card + £50
      • Qantas Credit Card
      • Chase Credit Card
      • Coles Mastercard
      • Capital One
      • Home Depot Credit Card
    • Credit Cards Guides
      • How many credit cards should I have?
      • Is Discover Visa or Mastercard?
    • Credit Cards Reviews
      • First Premier Credit Card Review
      • Fortiva Credit Card Review
      • Indigo Credit Card Review
      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
      • Credit One Credit Card Review
      • Discover it® Cash Back – Review
      • Travel credit card reviews 2020
      • Petal Credit Card Review
      • Apple Credit Card Review
      • Capital One Venture Rewards Credit Card Review
      • Amazon Credit Card Review
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      • Joe Biden
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      • Scott Morrison
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  • Mortgages
    • Mortgage “Best of…”
      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
      • Lending
      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
      • Nationstar Mortgage
      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
    • Energy
      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
    • Livestock & Meat
      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
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Amazon – France contributes to protection of Amazon stronghold, Yasuní National Park

Yuuma Nakamura by Yuuma Nakamura
January 27, 2021
in Amazon
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Home » Amazon – France contributes to protection of Amazon stronghold, Yasuní National Park

Amazon – France contributes to protection of Amazon stronghold, Yasuní National Park

  • France and Ecuador have announced a plan to curb deforestation in famed Amazonian national park, Yasuní, while promoting its improved administration.
  • Peru, Colombia and Brazil are expected to see similar agreements with France as part of President Emmanuel Macron’s growing environmental initiatives in the region.
  • The contentious EU-Mercosur trade agreement is still up for ratification, but EU members appear to be split over weak environmental regulation.

France has rolled out a new initiative to fight deforestation and promote sustainable development.

Under the initiative, announced in Ecuador in early December 2020, the South American country will be the first regional beneficiary of the related pilot project, dubbed TerrAmaz. The overall initiative is backed by $11.48 million in funding to be divided between Brazil, Colombia, Ecuador and Peru, with support from the French Development Agency (AFD).

The project in Ecuador will tackle deforestation in Yasuní National Park and nearly $1.5 million in dedicated funding. The protected area has long faced myriad environmental threats, including recent approvals for oil exploration and drilling. The French government also wants to help promote better controls over agricultural and forestry systems.

“In Ecuador, the objective is to strengthen the governance of biodiversity and life to sustainably develop the conservation of nature,” AFD project manager Charlotte Venturini told Mongabay in a recent interview. “However, each country has a different focus.”

Future announcements for Colombia will be made at the end of January according to Venturini.

For years, the Yasuní reserve has been mired in oil industry battles, as extractive interests have worked to inch deeper into the park’s oil-rich zone within the ITT (Ishpingo-Tambococha-Tiputini) project.

Base Map of oil exploitation in Yasuní National Park, based on data from EcoCiencia, the Ministry of the Environment, Esri, Planet, and DigitalGlobe.

Ecuador’s Ministry of Environment and Water pointed out the AFD investment that more than 82,000 hectares (203,000 acres) of forest were lost between 2017 and 2018 in Yasuní.

Environmental defenders have advocated for a nationwide ballot initiative allowing Ecuadorans to decide if extractive policies should persist in Yasuní, with limited success. There is no such ballot measure on the country’s presidential election on Feb. 7. That, despite the fact that in a 2018 nationwide referendum, more than 67% of voters were in favor of strengthening the reserve’s intangible zone.

Back in 2007, the Ecuadoran government launched an initiative seeking international donations to keep Yasuní’s oil in the ground, but after six years it fell short of collecting the necessary funding.

The recent launch of TerrAmaz in Yasuní is in part due to French President Emmanuel Macron’s administration’s environmental agenda to safeguard the Amazon rainforest after rampant wildfires blazed through Brazil in August 2019.

The inability, or unwillingness, of Brazilian President Jair Bolsonaro to tackle the fires led to a spat between the two leaders and sparked the expansion of French president’s international environmental platform to curb deforestation and the effect European imports have on the region.

“This initiative comes directly from Macron to protect tropical rainforests and part of a European policy to promote imports with no association to deforestation,” Quito’s AFD director Clotilde Boutrolle said in an interview.

A view of the forest in Yasuní National Park, located in the provinces of Pastaza and Orellana. Image by José Schreckinger.

At a 2019 U.N. summit, Macron formed the Alliance to Protect the Amazon and Other Tropical Forests alongside Chilean President Sebastián Piñera and Colombian President Iván Duque.

The alliance officially states that it seeks coalitions and countries that “share the same ambitions for forests.” It also includes countries in the Congo Basin and Southeast Asia, and donors from Europe.

France’s latest projects and coalition building in South America come as a major trade agreement between the EU and the South American trading bloc Mercosur (known in Brazil as Mercosul) awaits ratification. There are concerns the deal does not go far enough to protect the environment and prevent deforestation in the Mercosur member states of Brazil, Paraguay, Uruguay and Argentina while backtracking on Macron’s South American initiatives.

The deal as it stands would liberalize trade between the two continents by lowering tariffs on products such as European cars and parts, beverages and machinery going to South America. In the other direction, it would eliminate barriers for beef, soybeans, and ethanol for biofuel produced from sugarcane, and is expected to result in a higher demand in Europe for those commodities.

Macron has been a leader amongst European leaders in taking a contentious approach against the trade agreement unless the member states of the South American bloc adhere to the 2015 Paris climate agreement.

The French government organized a special commission to examine the environmental consequences of the trade deal in September 2019. A year later, the published report found deforestation would accelerate by 5% annually in the span of six years and wipe out 700,000 hectares (1.7 million acres).

“We recommend … to link the reduction of the tariffs to the performance of fighting against deforestation,” Stefan Ambec, a professor at the Toulouse School of Economics and president of the special French committee on the EU-Mercosur deal, said in an video interview with Mongabay from France.

Waorani people celebrate their legal victory against oil exploitation in the jungle. Puyo, Pastaza, Ecuadorian Amazon, April 2019. (Photo: Mitch Anderson / Amazon Frontlines)

Other EU countries, like the Netherlands and Germany, have also indicated similar concerns over deforestation and last year’s wildfires in Brazil. In August 2020, German Chancellor Angela Merkel had “considerable doubts” over the trade deal and finalizing would be unlikely given the developments of forest lost.

Amid pleas by the EU for a stronger environmental pledge from Brazil, the deal hangs by a thread over Bolsonaro’s non-compliance with the Paris climate accord and infringement of human rights abuses of Amazon defenders.

Human Rights Watch urged European parliamentarians in a July 2020 letter to reconsider the ratification of the EU-Mercosur trade agreement over Bolsonaro’s policies that contradict Brazil’s commitments to uphold efforts to fight deforestation.

The organization said the EU “should send a clear and categorical message to President Bolsonaro” that failing to uphold climate goals will only jeopardize the ratification of the trade agreement “until Brazil’s government shows it is ready to comply” again.

With the likelihood of the EU-Mercosur deal driving deforestation, a paper published in the journal Science in July 2020 found that a fifth of EU soy and beef imports from Brazil may already contribute to illegal deforestation.

“What has happened in the past 10 years in Europe and France is we have considerably reduced our carbon footprint,” Ambec said. “But we’ve increased the carbon footprint of importations.”

“We really need to include climate in trade policy.”

Banner image: Squirrel monkeys (Saimiri sciureus) play in the trees in this July 2019 photo, along the Yasuní River. Image by Kimberley Brown for Mongabay. 

Citation:

Rajão, R., Soares-Filho, B., Nunes, F., Börner, J., Machado, L., Assis, D., … Figueira, D. (2020). The rotten apples of Brazil’s agribusiness. Science, 369(6501), 246-248. doi:10.1126/science.aba6646

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Yuuma Nakamura is a staff writer covering crypto, blockchain, finance and other technology for FintechZoom. Contact: yuuma.nakamura@fintechzoom.com

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