In an interview with ANBA at COP27, the Environment minister said the alliance between Brazil, Congo and Indonesia, the world’s three largest rainforest nations, will be beneficial and provide knowledge transfer. Leite also discussed the creation of the methane credit market and took stock of the conference in Egypt.
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The program was launched last September to install biodigesters in schools to treat organic waste and transform it into biogas and fertilizers.
In a lecture at the Arab Brazilian Chamber on Friday (1), Brazil’s Environment minister Joaquim Leite expressed interest in attracting investment from the Arab countries for carbon-credit generating projects. The government will present a framework for this market next month.
The Brazilian Minister of the Environment announced an increase in the Brazilian target for reducing the emission of greenhouse gases, from 43% to 50%, by 2030.
