IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.60▲ 0.39% USD/MXN18.68▲ 0.42% USD/CLP992.14▲ 0.95% USD/COP3,295▼ 0.37% USD/PEN3.41▲ 0.16% USD/ARS1,546▲ 0.10% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.60▲ 0.25% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.22▼ 0.22% BRENT 93.74 ▲ 1.06% WTI 87.10 ▲ 0.66% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,915 ▼ 2.13% SILVER 50.68 ▼ 2.32% SOY 1,226 ▼ 0.28% CORN 447.25 ▼ 0.17% WHEAT 596.75 ▼ 0.46% COFFEE 272.05 ▲ 1.13% SUGAR 18.15 ▼ 1.79% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,069 ▲ 3.30% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.99 ▲ 1.01% VALE3 63.63 ▼ 1.24% ITUB4 41.27 ▼ 1.08% BBDC4 14.08 ▼ 1.74% ABEV3 15.78 ▼ 0.44% BBAS3 15.13 ▼ 10.42% B3SA3 14.56 ▼ 1.62% WEGE3 51.98 ▲ 0.72% PRIO3 62.47 ▲ 1.63% SUZB3 55.34 ▲ 2.86% RENT3 30.18 ▼ 0.20% AZZA3 17.86 ▲ 16.20% CSAN3 2.95 ▼ 2.64% RAIZ4 0.30 ▼ 98.60% PCAR3 2.46 ▼ 3.15% GMAT3 3.98 ▼ 2.45% PSSA3 45.66 ▼ 0.70% CVCB3 0.85 ▼ 1.16% POSI3 3.55 ▲ 6.93% SLCE3 17.13 ▲ 0.47% NATU3 5.51 ▼ 1.96% BRKM5 3.03 ▲ 3.77% RANI3 8.38 ▼ 0.12% CSNA3 4.42 ▼ 2.21% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.61 ▲ 0.54% USD/MXN 18.69 ▲ 0.47% USD/CLP 993.23 ▲ 1.06% USD/COP 3,294 ▼ 0.41% USD/PEN 3.41 ▲ 0.00% USD/ARS 1,546 ▲ 0.10% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.60 ▲ 0.25% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.22 ▼ 0.15% BRENT 93.74 ▲ 1.06% WTI 87.10 ▲ 0.66% IRON ORE 161.91 — — COPPER 6.20 ▼ 1.16% GOLD 3,915 ▼ 2.13% SILVER 50.68 ▼ 2.32% SOY 1,226 ▼ 0.28% CORN 447.25 ▼ 0.17% WHEAT 596.75 ▼ 0.46% COFFEE 272.05 ▲ 1.13% SUGAR 18.15 ▼ 1.79% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,069 ▲ 3.30% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.99 ▲ 1.01% VALE3 63.63 ▼ 1.24% ITUB4 41.27 ▼ 1.08% BBDC4 14.08 ▼ 1.74% ABEV3 15.78 ▼ 0.44% BBAS3 15.13 ▼ 10.42% B3SA3 14.56 ▼ 1.62% WEGE3 51.98 ▲ 0.72% PRIO3 62.47 ▲ 1.63% SUZB3 55.34 ▲ 2.86% RENT3 30.18 ▼ 0.20% AZZA3 17.86 ▲ 16.20% CSAN3 2.95 ▼ 2.64% RAIZ4 0.30 ▼ 98.60% PCAR3 2.46 ▼ 3.15% GMAT3 3.98 ▼ 2.45% PSSA3 45.66 ▼ 0.70% CVCB3 0.85 ▼ 1.16% POSI3 3.55 ▲ 6.93% SLCE3 17.13 ▲ 0.47% NATU3 5.51 ▼ 1.96% BRKM5 3.03 ▲ 3.77% RANI3 8.38 ▼ 0.12% CSNA3 4.42 ▼ 2.21%
since 2009
Thursday, November 12, 2026

Brazil Business - Brazil

Minister Says Brazil Preserved 84 Percent of the Amazon by its Own Efforts

By · · 4 min read

RIO DE JANEIRO, BRAZIL – Environment Minister Ricardo Salles said on Monday, September 9th, that Brazil has preserved the Amazon through its own efforts. “Brazil is a country that has preserved 84 percent of its Amazon rainforest, and has done so on its own merits, with its own efforts, and continues to preserve and defend the forest.”

The minister addressed the National Environmental Quality Agenda at the Lunch-Debate of the Group of Business Leaders (LIDE) which was attended by CEOs, presidents and other corporate leaders, and other public officials in São Paulo.
The minister addressed the National Environmental Quality Agenda at the Lunch-Debate of the Group of Business Leaders (LIDE) which was attended by CEOs, presidents and other corporate leaders, and other public officials in São Paulo.
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

“We have several financial mechanisms that have been proposed internationally, including the Paris Agreement, and also the Kyoto Protocol: payment for environmental services, carbon credits, REDD (Reducing Emissions from Deforestation and Forest Degradation), in short, an entire framework of funds that are being proposed around the world to contribute to preservation.”

In a press conference, Salles said that this will be the country’s position in the next UN General Assembly, and also said that the country is open to receiving resources. “Brazil is open to receiving and wants to materialize these services as soon as possible in order to be able to serve the environment, the forest, and preservation”.

The minister addressed the National Environmental Quality Agenda at the Lunch-Debate of the Group of Business Leaders (LIDE) which was attended by CEOs, presidents and other corporate leaders, and other public officials in São Paulo.

It is probably no coincidence that Salles used this occasion for an information campaign. Brazilian business paper Valor Econômico says executives are uncomfortable with the president’s behavior: “Investment committees and boards of directors of large funds are more and more reluctant to allocate funds in Brazil because of what they refer to as ‘civilizational setbacks’. This perception has intensified with the Amazon events and the case of Macron’s wife,” says an executive.

Investment committees and boards of directors of large funds are more and more reluctant to allocate funds in Brazil because of what they refer to as ‘civilizational setbacks in Brazil.
Investment committees and boards of directors of large funds are more and more reluctant to allocate funds in Brazil because of what they refer to as ‘civilizational setbacks in Brazil.

The Minister of the Environment added that the government’s actions against illegal deforestation in the Amazon include the updating of the decree on conversion of fines. “The tasks of fighting crime are carried out mainly by police authorities, by environmental inspection agencies, in the area of administrative penalties. The criminal perception of environmental crimes is carried out through the Judiciary. In addition, we are updating the decree on the enforcement of fines, speeding up the program,” he said.

Decree 9,760 introduces changes in the collection of federal government fines on environmental crimes. The text broadens the scope for converting compensation into environmental recovery actions, for instance. The main change introduced by the decree establishes that the bodies linked to the Ministry of the Environment are required to encourage conciliation in cases of administrative infractions for environmental damage and to follow a process described in the document.

As for international criticism of the increase in forest fires in the Amazon, Salles said that the government has taken all the steps it could take in response to this issue and that the trend is to control it.

“The government has determined an unprecedented operation to ensure the rule of law and environmental order, providing the states with more than 4,000 men, several aircraft, with very significant investments in fighting these fires and also in the fight against illegal deforestation. All the answers available to the federal government have been placed now, in partnership with the state governments, which also play an important role in both issues, both in the control of fires and in the fight against illegal activities. This joint effort, of course, will bring rapid results and we are already feeling many of them in the field”.

During the presentation to businessmen, the minister said that the real problem hindering the sustainable economic development of the Amazon is the lack of regulation of mining activities in the region. Quoting an article in the Wall Street Journal, Salles mentioned that 51 percent of forest fires occur in unclaimed areas, which creates room for legal insecurity and deforestation. ” Land tenure regulation is a precondition for being able to implement liability to take care of what is there,” he said.

This perception of civilatory setback has intensified with the Amazon events and the case of Macron’s wife,” says an executive.
This perception of ‘civilizational setback has intensified with the Amazon events and the case of Macron’s wife,” says an executive.

Salles also accused previous governments of “inflating the public machine,” affecting two of Brazil’s main environmental institutions, the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) and the Chico Mendes Institute for Biodiversity Conservation (ICMbio ).

“We had previous governments swelling the public machine, hiring public servants, a series of expenses, without concern for meritocracy and goals,” he said when questioned about ICMBio and IBAMA’s performance under the current government.

The minister again criticized previous governments to defend the use of a sustainable economy to help Brazilians who live in the region. “And what has been done in recent years? Almost nothing. It was year in, year out, and the worst Human Development Index is in the Amazon. Something needs to be changed to include this population, which cannot be left behind,” he said.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.