Climate 411

How Brazil can develop its rural economy, increase agricultural production and protect forests

Day one panel “How should the rural economy be in the future?” featuring, from left, Carlos Nobre (IEA-USP), André Guimarães (IPAM), Regina Sambuichi (Ipea), and Juliano Assunção (PUC-RIO). Photo by IPC-IG on Flickr .

The recent fires in the Amazon rainforest have raised the question: is it possible to have a new model of development in the region that reconciles forest protection with economic growth?

The pressing threats of climate change, biodiversity loss, and environmental degradation along with a growing global demand for agricultural commodities, pose major challenges and opportunities for rural economies.

A group of Brazilian and international scientists, economists, and government officials joined private sector, civil society and multilateral organization representatives in Brasília to discuss how these challenges could be turned into economic and environmental opportunities for the Brazilian rural sector.

The two day workshop, “Business Opportunities for a Sustainable Rural Economy: The Contribution from Forests and Agriculture,” examined different facets of Brazil’s potential in a low-carbon rural economy. Organized by Environmental Defense Fund (EDF) in partnership with the Institute for Applied Economic Research (Ipea) of the Brazilian Ministry of Economy, and the United Nations Development Program – International Policy Centre for Inclusive Growth (IPC-IG), participants concluded that Brazil has an unparalleled comparative advantage to foster a buoyant sustainable rural economy that couples economic and agricultural development with environmental protection.

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Posted in Agriculture, Brazil, Carbon Markets, Forest protection / Read 1 Response