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Brazil’s Lula headed to UN climate talks with vow to save Amazon

Photo: Fayez Nureldine / AFP

| By AFP | Louis Genot |

Brazilian president-elect Luiz Inacio Lula da Silva is expected this week at the UN climate summit in Egypt to pledge to reverse the environmental policies of his right-wing predecessor and protect the Amazon rainforest.

Lula’s trip Monday to the COP27 talks in Sharm el-Sheikh will be his first international visit since beating Brazil’s far-right incumbent Jair Bolsonaro in the October 30 runoff election.

The 77-year-old, who promised on the campaign trail to work towards zero deforestation, will address the conference on Wednesday, his press team said.

In a nod to Lula’s victory speech, in which he pledged to end Brazil’s “pariah” status, his team said he had wanted to hold “more talks with world leaders in a single day than Bolsonaro had in four years.”

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But according to Brazilian newspaper O Globo, the incoming president has not been able to line up most of the dozen or so high-level meetings he had requested.

Lula might, however, meet with US climate czar John Kerry and announce that Brazil is willing to host the COP30 summit in 2025, the newspaper said.

Latin America’s most populous country grew more isolated under Bolsonaro, analysts say, in part due to his permissive policies towards deforestation and exploitation of the Amazon, the preservation of which is seen as critical to fighting global warming.

If Lula — who served as president from 2003 to 2010 — manages to curb deforestation and illegal mining, he would make a major contribution to the global fight against climate change, said Francisco Eliseu Aquino, a climate expert at Rio Grande do Sul University.

“Lula knows the COP talks well. He was always proactive in international discussions and kept a high international profile” during his first two terms, said Aquino.

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Deeper cooperation

To meet the environmental challenge, the former steelworker who begins his third term on January 1, hopes to get help from the international community.

Lula’s former and likely future environment minister, Marina Silva, has already been holding meetings at the UN summit, and has said that Brazil will lead “by example” on combatting climate change.

She said Lula plans to fight the destruction of the Amazon and pursue a reforestation target of 12 million hectares, with or without international aid.

But she welcomed announcements from Norway and Germany that they would resume financial support to the Amazon Fund. Both countries withdrew aid in 2019 shortly after Bolsonaro came to power.

“With Lula’s weight and influence, and due to worries all over the world for the Amazon, it is possible that some bilateral agreements might be reached,” said Daniela Costa, a spokesperson for Greenpeace Brazil.

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Silva said the US government was “prepared to deepen cooperation” with Brazil after she met with Kerry last week.

She also said in an interview with Brazilian broadcaster Globonews that she had invited the United States to contribute to the Amazon Fund.

‘Much more daring’

Deforestation was at a high level at the start of Lula’s first term in 2003, before falling sharply under Silva as minister. But she resigned in 2008, saying was not getting the money she needed to take her efforts even further.

Aquino said the policies of Lula’s next government need to be “much more daring” than during his first two terms in power.

At COP27, Lula could announce the creation of a high-level body to coordinate the work of different ministries active in climate work.

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Since Bolsonaro — a staunch ally of agribusiness — took office in January 2019, average annual deforestation in the Brazilian Amazon increased by 75 percent compared to the previous decade.

The fight against global warming is not just about protecting precious areas like the Amazon, he said. “It also involves the economy, health and agriculture.”

“We welcome the arrival of Lula with much hope,” said Dinaman Tuxa, coordinator of the Articulation of Indigenous Peoples of Brazil.

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International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

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International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.

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