Brazil

On Friday morning in Brazil, dozens of indigenous protesters blocked the entrance of the COP30 Summit venue. They staged a sit-in which forced delegates into a side door to resume their climate change negotiations. Security was stepped up during the peaceful protest and long queues of delegates waited to enter the sprawling complex, built on the former site of the old airport of the Amazonian city of Belem. The protesters demand that the Brazilian Government halts all development projects within the Amazon region, including mining, oil drilling, logging and building a new railroad for the transportation of mining and agricultural...

The High Court of London ruled that BHP is liable for the collapse in 2015 of a dam located in the southeast region Brazil. This ruling was made in a case which lawyers representing the claimants had previously estimated at up to 48.32 billion pounds (36 billion pounds). BHP was sued by hundreds of thousands of Brazilians as well as dozens of local governments, and about 2,000 companies, over the collapsed Fundao Dam in Mariana (southeastern Brazil), which BHP's joint venture with Vale, Samarco, owned and operated. Brazil's worst ecological disaster released a toxic sludge wave that left 19 dead,...

On Wednesday, indigenous protesters defended the charging of the gates at Brazil's COP30 summit on climate change and the clash with security a few days earlier. They said the action was meant to demonstrate the desperation in their fight for the protection of forests. The protesters said they were mainly concerned about having their voices heard. They had been inside the compound listening to negotiators discussing the changing world as the temperatures increase. Auricelia is a member from the Arapiun tribe in Para state, Brazil, which hosts the Belem summit. She said that the protest was aimed at attracting the...

Raoni Metuktire, a 93-year-old indigenous leader, has urged Brazil to empower natives in order to preserve the Amazon rainforest. She also warned that the plans to build infrastructure are a direct danger to the forest and the people who live there. In an exclusive interview with The Telegraph on Tuesday, Chief Raoni, a leader widely known as the chief of the Raoni tribe, warned that the proposed rail projects, oil wells and highways will harm people around the world. "These projects continue to destroy rivers and land. It's not good. Raoni, who spoke in his native Kayapo language with his...

The French presidency announced at a United Nations climate conference that European nations had backed a plan worth $2.5 billion to save the Congo rainforest. This conservation initiative could steal some of the thunder from Brazil's flagship initiative, which is the host country for COP30. The U.N. Climate talks are being held this year in the Brazilian Amazon to draw attention to the issue of emissions caused by rampant deforestation. The initiative "The Belem Call for the Forests of the Congo Basin", led by France and Gabon, and supported by Germany, Norway and Belgium, was reported on by Thursday, and...

Exxon Mobil's CEO Darren Woods stated on Friday that oil and gas would continue to play a crucial role for a very long time. He added that the real question is whether they will be used to fuel vehicles. Woods stated that while future technological advances may see a shift in the way hydrocarbons are burned, they will still be used in other areas, like the medical industry. Woods said that crude oil and hydrocarbons will play a crucial role in everyone's lives for many years to come. Carbon emissions from fossils fuels, such as coal and oil, but also...

Brazil hosted world leaders on Thursday for a summit ahead of the COP30 Climate Conference in the rainforest city Belem. Leaders have made some interesting comments. U.N. SECRETAIRE-GENERAL ANTONIO GUTERRES We can either choose to lead or we can be led into ruin. "Too many companies are making record profits by destroying the climate, while spending billions on lobbying and deceiving public opinion and obstructing advancement. And too many leaders continue to be captive to these entrenched interest." BRAZILIAN PRESIDENT LUIZ INACIO LULA DA SILVA We need a road map to plan an equitable way to undo the deforestation and...

The data on global warming shows a sobering picture as leaders gather in Brazil for the U.N. Climate Summit this month. Three decades have passed since the first annual climate conference. Scientists warn that global temperatures will soon exceed thresholds that could cause catastrophic damage to our planet. Despite years and years of summits and negotiations, greenhouse gas emission has risen by a third. The conventions have had some positive effects, but they are not enough to guarantee the future of life on Earth, said Juan Carlos Monterrey. He is Panama's Special Representative for Climate Change, and he is leading...

Prince William of Britain expressed optimism about the global environmental challenges on Wednesday at an event with a star studded crowd in Rio de Janeiro to celebrate the fifth edition EarthShot Prize. William's visit to Latin America is just a few days before Brazil hosts the UN Climate Summit COP30 in next week. William, who founded the award in 2020 after being inspired by his visit to Namibia, said: "I can understand why some people might be discouraged during these uncertain times." I understand that so much work remains to be done. This is not the time to be complacent....

Luiz inacio Lula da Solo, Brazil's president, is still reeling from the aftermath of his country's deadliest police operation. He has been left unable to handle political fallout as he tries to reconcile growing international concern over human rights abuses with public support for an aggressive crackdown on crime. This divide highlights a broader problem facing Lula. He is hoping to be re-elected next year, and has devoted much of his political capital towards an "ecological transform" of Brazil's economic system, capped off by the U.N. Climate Conference COP30, which starts this week. However, most Brazilians seem more concerned with...

A new U.N. study said that record wildfires in combination with rising temperatures could turn vital carbon sinks like forests into carbon emitters. According to a report released by the U.N. Economic Commission for Europe ahead of the COP30 Climate Conference in Brazil, forests in Europe, North America and Central Asia have slowed their ability absorb carbon dioxide. It warned that if current trends continue these forests may reach a tipping-point where they start releasing more CO2 than they can absorb. The Paris Agreement targets a reduction of CO2 emissions in order to limit global warming to 1.5 degrees Celsius....

Brazil's President said that a U.N. Report warning that global carbon emissions are too high to stop global warming has prompted him to declare that the U.N. Climate Change Summit in the Amazon this month will be a COP of Truth and offer real solutions. Despite 30 years of global negotiations, the Paris Agreement of a decade back failed to prevent the world from warming beyond 1.5 degrees Celsius. The United Nations Environment Programme stated on Tuesday that the world is heading for a 2.3 to 2.5degC extreme warming. The forecast is based on the assumption that countries will meet...

Chris Bowen, Australia's energy minister, said he will travel to Brazil on Saturday for the COP30 summit to press Australia to host the summit next year. This is despite a dispute with Turkey over hosting rights. Both Australia and Turkey bid in 2022 for the United Nations Climate Conference and have refused to give up their positions ever since. This month, Australian Prime Minister Anthony Albanese wrote to Turkish president Tayyip Erdoan in an effort to resolve the longstanding dispute. Bowen stated in a press release that he will advocate strongly for Australia at the summit to be held in...

On Friday morning in Brazil, dozens of indigenous protesters blocked the entrance of the COP30 Summit venue. They staged a sit-in which forced delegates into a side door to resume their climate change negotiations. During the peaceful protests, security guards increased checks, and long queues formed to get into the compound. The sprawling complex is built on an old airport site in the Amazonian city of Belem. The venue hosts the annual U.N. Climate Conference where delegates of 195 countries are trying to make progress in halting global temperature rises that threaten delicate ecosystems, including the Amazon rainforest. The protesters...

On Tuesday, dozens of indigenous protesters forced themselves into the COP30 Climate Summit venue and clashed violently with security guards. The protesters shouted angrily and demanded entry to the U.N. compound, where thousands of delegates are attending the U.N. Climate Summit this year. Some carried flags or signs that said "Our land is not for Sale" or slogans urging land rights. A leader of the Tupinamba tribe, located near the lower reaches Tapajos River on the Brazilian coast, expressed his displeasure at the ongoing development. Gilmar, a man who goes by only one name, said: "We cannot eat money." "We...

Sebastian Vettel, the retired Formula One world champion, said that he was open to taking on a new sport role as long as it had meaning. The German spoke at the Sao Paulo Grand Prix, where he raised climate awareness. He won four titles for Red Bull, and his last race was with Aston Martin 2022. "Why not? If it's well-spent time, there's a human element, it's challenging, and I enjoy it, why not?" He said this at Interlagos without giving any details or examples. "There must be a reason." I don't just want to come here to make money....

The U.N. Climate conference generates hundreds of headlines every year about global efforts to save the world from a climate catastrophe. The conference begins in Belem, a Brazilian rainforest city. What exactly takes place at these annual summits, then? What you should know WHAT IS A COP? The annual Conference is called a COP. This stands for Conference of the Parties who signed the U.N. Climate Treaty of 1992. The U.N. The Framework on Climate Change Convention, or UNFCCC, committed countries to work together to combat climate change. The treaty established the principle "common, but differentiated responsibility", which means that...

Ding Xuexiang, vice premier of China, called on fellow leaders to show "true multiculturalism" at the climate summit held in Brazil. Ding, via a translation, said: "We must strengthen international collaboration in green technology and the industry, remove trade obstacles, and ensure free flow of high-quality green products, to better meet global sustainable development needs." Ding told the official Xinhua News Agency on Friday that the developed countries must fulfill their obligation "to lead in emission reduction and honour their funding commitments", as well as provide more assistance to developing countries. He said that China was willing to work with...

A document seen by revealed that European nations have thrown their weight behind a plan worth $2.5 billion to save the Congo forest. This conservation scheme could steal some of the thunder from Brazil's flagship initiative for the COP30. The U.N. Climate talks are being held this year in the Brazilian Amazon to draw attention to the issue of emissions caused by rampant deforestation. The initiative, led by France, is called "The Belem Call to the Forests of the Congo Basin". It has the backing of Germany, Norway and Britain. The initiative's supporters hope to mobilize resources in order to...

Brazil raised $2.25bn on Thursday through a new dollar-bond sale. This was its fourth international market transaction this year. It also included sustainable notes, as the country hosts world leaders at the United Nations Climate Summit. Brazil's Treasury issued a statement saying it had sold $1.5 billion of new sustainable bonds that are due in 2033, and $750 million more through a retap on its benchmark 10-year bond. IFR, a fixed-income news service, was the first to report on these values. Treasury said the 8-year bond was issued with a 5.75% yield, while the 2035 bonds have a yield 6.2%....

Brazil will host world leaders at a summit in Belem, a rainforest city, on Thursday before the COP30 Climate Conference. What the leaders have to say U.N. SECRETAIRE-GENERAL ANTONIO GUTERRES We can either choose to lead or we can be led into ruin. "Too many companies are making record profits by destroying the climate, while spending billions on lobbying and deceiving public opinion and obstructing advancement. And too many leaders continue to be captives of these entrenched interest." BRAZILIAN PRESIDENT LUIZ INACIO LULA DA SILVA We need a road map to plan an equitable way to undo the deforestation and...

Brazil will host world leaders at a summit in Belem, a rainforest city, on Thursday before the COP30 Climate Conference. What the leaders have to say U.N. SECRETAIRE-GENERAL ANTONIO GUTERRES We can either choose to lead or we can be led into ruin. "Too many companies are making record profits by destroying the climate, while spending billions on lobbying and deceiving public opinion and obstructing advancement. And too many leaders continue to be captive to these entrenched interest." BRAZILIAN PRESIDENT LUIZ INACIO LULA DA SILVA We need a road map to plan an equitable way to undo the deforestation and...

The world leaders who are gathering in Brazil to discuss climate change are deliberately thousands of miles from the finance and business leaders that they hope will fund the fight against global heating. The executives who have attended the recent U.N. Climate Summits in Baku and Dubai, Sharm el-Sheikh, Glasgow, are now gathered in Sao Paulo's business district, instead of battling for hotel rooms in Belem, the small Amazonian town hosting the summit this year. The Brazilian government has given the green light to finance-focused conferences hosted by third parties. This has attracted thousands of registrants around the globe. The...

After a full year of discussions, COP30 hosts Brazil laid out a plan on Wednesday to increase climate finance from $1.3 trillion a years to $1.3 trillion a day. They also faced early signs that the political landscape was becoming more challenging as the Amazonian City of Belem prepared to host world leaders. The document, which is almost 100 pages long, has been dubbed Baku to Belem Roadmap. It was created after months of discussions with various stakeholders following the conclusion of the event held in Azerbaijan last year. As emissions continue to increase, some of the world's poorest nations...