IBOV 175,664.62 ▲ 0.30% IPSA 11,445.56 ▼ 0.22% IPC MEX 65,580.29 ▼ 0.38% MERVAL 2,986,788 ▼ 0.48% COLCAP 2,481.47 ▼ 0.33% BVL PERÚ 60,779.49 ▼ 1.23% USD/BRL5.19▲ 0.46% USD/MXN17.03▲ 0.27% USD/CLP930.58▲ 0.45% USD/COP3,202▲ 2.39% USD/PEN3.35▼ 0.06% USD/ARS1,512— 0.00% USD/UYU40.27▲ 1.50% USD/PYG5,900▲ 0.50% USD/BOB11.78▲ 3.59% USD/DOP58.61▲ 0.96% USD/CRC446.65▲ 0.98% USD/GTQ7.62▲ 2.25% USD/HNL26.84▲ 0.40% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.77% EUR/BRL6.01▲ 0.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.56 ▼ 0.22% IPC MEX 65,580.29 ▼ 0.38% MERVAL 2,986,788 ▼ 0.48% COLCAP 2,481.47 ▼ 0.33% BVL PERÚ 60,779.49 ▼ 1.23% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Friday, August 28, 2026

Rio+20 Can – And Must – Defy the Cynics

By · January 24, 2012 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Opinion, by Nathan Williams

RIO DE JANEIRO, BRAZIL – A gathering of world leaders for an ‘Earth Summit’ discussing solutions to everything from climate change to the eradication of poverty provokes inevitable cynicism in many people who view such summits as the vanity project of politicians out to save the world.

RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →

Barely a year seems to go by without country leaders convening to discuss the world’s biggest challenges, but in the collective consciousness, prompted by a barrage of negative headlines in the media, the state of the world just seems to get worse. It is little surprise then that cynicism abounds and expectations for the next Earth Summit, Rio+20, to be held in Rio de Janeiro in June, are at rock-bottom.

Branding the summit ‘Rio+20’ also generates cynicism, inviting as it does a conversation about the perceived lack of progress since the original Earth Summit in Rio twenty years ago. On top of this, preparations for the summit have reportedly been shambolic, with many claiming the UN and general secretary Ban Ki-moon had no idea what to put on the agenda. With problems stacking up around the world, who could blame him for not knowing where to start?

The reason these summits rarely register as successes is because they are relentlessly hyped by egoistic politicians keen to secure their own legacy. They are always variously the ‘last’, ‘final’ or ‘best’ chance to change the course of events and make the world a better place.

The reality of global decision making can never hope to match the hype. These summits are too often seen as events, a defining moment in time which if not seized, all hope is lost. The truth of course is that they are not events but stages in a process which can lead to significant action being taken – and real change being effected.

In a world seemingly addicted to gloomy news, with war, famine and disease just a click of a mouse away, many would no doubt consider this view hopelessly naïve and optimistic. But a look back to the first Earth Summit in Rio twenty years ago demonstrates what can be achieved when vision, optimism and decision-making combine.

In Rio twenty years ago world leaders agreed for the first time a treaty to stabilise greenhouse gas emissions, the UN Framework Convention on Climate Change. This led to the signing of the Kyoto Protocol in 1997 which legally committed countries to reduce greenhouse gas emissions by 5.2 percent on 1990 figures by 2012. And the world has made significant progress.

In 2010 the Netherlands Environmental Assessment Agency reported that emissions were ten percent below 1990 levels, significantly under the Kyoto target level. And last year at the UN Climate Change Conference in Durban, South Africa, world leaders agreed – at the last minute – to negotiate a new legally-binding protocol to be introduced in 2020.

Alongside these global set-piece summits, country-blocs (such as the EU) and individual countries have introduced a raft of measures on sustainability, from legally-binding carbon reduction laws, to the EU’s emissions trading scheme. The creation of incentives for the development of renewable energies has also been a key focus for governments – and a major success. By the end of 2010 renewable energy supplied twenty-five percent of global energy capacity, according to the World Council for Renewable Energy.

However it is the host of the first Earth Summit which has made the most startling progress. In 1992 Brazil faced chronic inflation which made the lives of all but the wealthiest a daily struggle. On top of this, deforestation of the Amazon was threatening to spiral out of control.

Confronting climate change was a luxury Brazil couldn’t afford. Fast-forward twenty years and Brazil is now a leader on the global stage for the measures it has taken domestically.

On deforestation the country has taken a tough stance. The National Climate Change Plan requires an 80 percent reduction of Amazon deforestation by 2020. Data released last year by the Instituto Nacional de Pesquisas Espaciais showed that the country is well over three quarters of the way toward meeting that goal. Deforestation could even hit zero if current progress continues.

Brazil has also promoted renewable energy aggressively and effectively. A range of subsidizes and state support means that more than 45 percent of Brazil’s primary energy now comes from renewable sources. Action is also being taken at a state level, the most prominent example of which is the State of São Paulo’s adoption in 2009 of a law requiring a twenty percent reduction in greenhouse gas emissions by 2020 from 2005 levels.

Looking beyond climate change, Brazil’s anti-poverty initiatives have won praise globally, with the country recording an annual reduction in poverty of 3.2 percent since 1981 according to the World Bank Development Group.

Of course, only someone with delusional tendencies and particularly rose-tinted glasses would fail to acknowledge the other side of the story. There have been many summit failures along the way, most recently in Copenhagen in 2009, global temperatures continues to rise in spite of progress on reducing emissions and boosting renewables. Inequality and poverty still blight many parts of the world.

But there are real reasons for hope. When the chips are down, world leaders have shown encouraging resolve and a collective will to tackle the most intransigent problems humanity has created for itself. We should all hope that Rio+20 proves another successful stage in the longer process of making this planet a sustainable one on which everybody can live comfortably.

Read More from The Rio Times

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

Rotate for Best Experience

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