#brazil

Deforestation in the Brazilian Amazon has plummeted under President Luiz Inácio Lula da Silva, a significant victory for global climate efforts. However, this progress is fragile, threatened by illegal mining, agricultural expansion, and controversial energy projects. This complex situation creates a precarious landscape for Canada, which has billions invested in Brazil's resource and financial sectors. For Canadian companies and policymakers, Brazil's struggle to balance environmental protection with economic development poses significant risks and challenges, testing commitments to both corporate responsibility and international climate goals.