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During his United Nations (“UN”) Speech, Brazil President Bolsonaro made clear his government’s commitment to environmental protection and sustainabledevelopment to benefit Brazil and the world. by world leaders regarding the Bolsonaro administration’s inaction to prevent or stop the burning of the Amazon rainforest—.
The Amazon rainforest, the country’s not-so-secret weapon to mitigate climate change, features prominently in the litigation. Extractive activities are based on the concept of sustainabledevelopment and require forests to remain intact. I wrote about some of those here and here.)
A year ago, GFANZ said all its members “must align” their portfolios to the UN’s Race to Zero “stringent criteria” aimed at halving global emissions by 2030 and bringing net carbonemissions to zero by 2050. Scientists say such targets would help keep the average global temperature increase under 1.5
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