IBOV 167,830.27 ▲ 0.90% IPSA 11,241.32 ▲ 0.49% IPC MEX 64,193.66 ▲ 0.41% MERVAL 2,874,493 ▼ 0.59% COLCAP 2,453.87 ▼ 0.30% BVL PERÚ 57,612.45 ▲ 1.33% USD/BRL5.18▼ 0.76% USD/MXN16.94▼ 0.75% USD/CLP920.75▼ 0.73% USD/COP3,048▼ 2.70% USD/PEN3.35▼ 0.58% USD/ARS1,497▲ 0.13% USD/UYU40.32▲ 1.93% USD/PYG5,992▲ 1.35% USD/BOB11.46▲ 0.14% USD/DOP58.64▲ 1.40% USD/CRC444.65▲ 1.72% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 1.62% USD/NIO36.62▲ 0.69% USD/VES775.47▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▲ 0.55% EUR/BRL6.04▲ 0.38% 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 167,830.27 ▲ 0.90% IPSA 11,241.32 ▲ 0.49% IPC MEX 64,193.66 ▲ 0.41% MERVAL 2,874,493 ▼ 0.59% COLCAP 2,453.87 ▼ 0.30% BVL PERÚ 57,612.45 ▲ 1.33% 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%
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Opportunities for Brazil at Rio+20

By · May 15, 2012 · 3 min read

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By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – In just over a month, the UN’s biggest ever international event on sustainable development, Rio+20, is set to bring together global leaders in Brazil to agree on specific goals and actions. The conference is an important moment for Rio, hosting a major international event, and for the Rousseff administration to leverage the opportunity on the world stage.

President Rousseff during the Brazilian Climate Change Forum which discussed, among other things, Rio+20 event, Rio de Janeiro, Brazil News
President Rousseff during the Brazilian Climate Change Forum which discussed, among other things, Rio+20 event, photo by Roberto Stuckert Filho/PR.
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With 182 UN member states and 135 world leaders attending, including the new presidents of Russia and France, and given the string of side meetings and business deals that will inevitably accompany the event, the stakes are high.

“Everyone recognizes that [Rio+20] is of major importance, and this is why we have had over a hundred heads-of-state confirm so far,” says André Correa do Lago, Brazil’s chief Rio+20 negotiator.

However some big names have already confirmed they cannot attend, including German Chancellor Angela Merkel and British Prime Minister David Cameron.

There is still a question whether the Chinese president Hu Jintao and U.S. President Barack Obama will attend – their presence, many hope, will give the event more political clout. But as U.S. presidential campaigning gets underway, Obama’s presence is looking increasingly unlikely.

Perhaps more concerning is that member countries have yet to agree on the wording for a political statement to be signed at the summit. Reports indicate it is mainly due to developing countries’ fears that the environmental measures could stymie economic development back home.

Experts are saying Brazil has plenty to gain politically from Rio+20, thanks to its growing role as a global player and greater assertiveness in various multilateral negotiations. Past issues include Brazil’s environmental diplomacy in the UN’s 1992 Earth summit, the Clean Development Mechanism it helped secure for 1997’s Kyoto Protocol, and work on the 2006 Cartegena Protocol.

Protesters want Brazilian President Dilma Rousseff to veto the Forest Code, photo by Wilson Dias/ABr.
Protests over Brazil's Forest Code may draw focus at Rio+20, photo by Wilson Dias/ABr.

However analysts also warn Brazil could see some set-backs if positive progress is not made, and if attention is drawn away by protesters:

“Rio+20 will have great strategic importance for Brazil in demonstrating the possibility of economic growth alongside environmental sustainability. Brazil has stated that sustainable development is necessary to eradicate poverty and enable social inclusion,” International Relations expert Professor Janiffer Zarpelon explains to The Rio Times.

“Brazil has also pointed to energy sources as a strategic issue, but has been criticized by several international institutions and NGOs, particularly over the construction of the Belo Monte dam in the Amazon region,” she adds.

Environmental activists could well turn out to be a notable side-show, raising prickly topics such as the Forest Code and the plight of indigenous people at the Belo Monte dam.

Caroline Bennett from Amazon Watch says President Rousseff’s environmental credibility is diminishing day-by-day: “With each hectare that’s cleared for the Belo Monte dam, with each step forward in modifying the Forest Code, and with each forest defender who is killed in Brazil, the triumph of Brazil’s agri-business lobby over sound environmental policy will be one of Rio+20’s indelible narratives,” she told The Rio Times.

Although the three-day conference is likely to draw most attention, it is preceded by a number of smaller events, including “Dialogue Days” organized by the Brazilian government, which will address a range of topics from food security and poverty to unemployment and the human impact on oceans and forests.

As the event approaches parties on all sides of the key issues will be looking to build momentum and leverage opportunities. Brazil’s ability to remain a developing nation at the forefront of sustainability issues will surely be in focus.

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