IBOV 177,158.86 ▲ 1.88% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,304,918 ▲ 2.22% COLCAP 2,342.44 ▲ 1.64% BVL PERÚ 57,107.38 — — USD/BRL5.07▼ 0.91% USD/MXN17.34▼ 0.54% USD/CLP925.97▼ 0.82% USD/COP3,121▼ 2.82% USD/PEN3.38▼ 0.56% USD/ARS1,489▼ 0.47% USD/UYU40.22▲ 1.47% USD/PYG5,941▲ 0.68% USD/BOB11.80▲ 5.19% USD/DOP 57.90 — 0.00% USD/CRC449.30▲ 1.51% USD/GTQ7.63▲ 2.33% USD/HNL26.76▲ 0.31% USD/NIO36.62▼ 0.15% USD/VES743.77▲ 0.25% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.53▲ 0.49% USD/TTD6.75▲ 1.19% EUR/BRL5.84— 0.00% BRENT 89.38 ▼ 1.50% WTI 83.94 ▼ 0.62% IRON ORE 161.91 — — COPPER 6.50 ▲ 3.68% GOLD 4,168 ▲ 3.31% SILVER 59.33 ▲ 2.53% SOY 1,189 ▲ 0.89% CORN 468.50 ▲ 4.34% WHEAT 663.50 ▲ 0.42% COFFEE 324.50 ▼ 0.40% SUGAR 14.44 ▼ 0.41% ORANGE JUICE 145.95 ▲ 5.80% COTTON 81.10 ▲ 3.95% COCOA 5,118 ▼ 1.29% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.81 ▲ 4.60% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 ▲ 1.69% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.50 ▲ 0.67% TGS 9,810 ▲ 3.15% CEPU 2,404 ▲ 4.93% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,690 ▲ 0.48% BYMA 297.00 ▼ 0.34% TELECOM ARG 4,315 ▲ 0.58% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 ▼ 2.87% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 ▲ 1.69% OMA AIRPORT 108.09 ▲ 1.61% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 64,863 ▲ 1.49% ETH 1,926 ▲ 0.90% SOL 74.66 ▲ 1.44% XRP 1.09 ▲ 1.27% BNB 592.19 ▲ 3.64% ADA 0.17 ▲ 4.99% DOGE 0.07 ▲ 0.92% AVAX 6.45 ▲ 0.46% LINK 8.48 ▲ 1.91% DOT 0.77 ▲ 0.96% LTC 45.70 ▲ 0.64% BCH 216.73 ▲ 2.65% TRX 0.33 ▲ 1.03% XLM 0.17 ▲ 0.38% HBAR 0.07 ▲ 1.40% NEAR 1.68 ▲ 3.65% ATOM 1.28 ▲ 0.07% AAVE 99.35 ▲ 3.43% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 ▲ 9.12% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR16.50▼ 0.92% USD/NGN1,362▼ 0.25% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,317 ▲ 0.28% KOSPI 5,594 ▼ 1.23% JCI 6,186 ▲ 1.56% USD/JPY159.80▼ 2.20% USD/CNY6.74▼ 0.33% DAX 25,612 ▲ 0.60% CAC 8,486 ▲ 0.92% FTSE 10,897 ▼ 0.10% MIB 52,104 ▲ 1.29% IBEX 19,758 ▲ 1.78% STOXX 649.95 ▲ 0.77% EUR/USD1.15▲ 0.53% GBP/USD1.35▲ 1.34% SPX 7,438 ▲ 1.66% DJI 52,208 ▲ 1.19% NDX 28,106 ▲ 3.36% RUT 2,946 ▲ 1.37% TSX 35,506 ▲ 0.49% VIX 17.09 ▼ 17.28% USD/CAD1.40▼ 0.31% US10Y 4.6630 ▲ 0.89% IBOV 177,158.86 ▲ 1.88% IPSA 10,935.89 ▲ 0.52% IPC MEX 66,475.94 ▼ 1.23% MERVAL 3,304,918 ▲ 2.22% COLCAP 2,342.44 ▲ 1.64% BVL PERÚ 57,107.38 — — USD/BRL 5.07 ▼ 0.91% USD/MXN 17.34 ▼ 0.54% USD/CLP 925.97 ▼ 0.82% USD/COP 3,121 ▼ 2.82% USD/PEN 3.38 ▼ 0.56% USD/ARS 1,489 ▼ 0.47% USD/UYU 40.22 ▲ 1.47% USD/PYG 5,941 ▲ 0.68% USD/BOB 11.80 ▲ 5.19% USD/DOP 57.90 — 0.00% USD/CRC 449.30 ▲ 1.51% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.76 ▲ 0.31% USD/NIO 36.62 ▼ 0.15% USD/VES 743.77 ▲ 0.25% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.53 ▲ 0.49% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.84 ▲ 0.00% BRENT 89.38 ▼ 1.50% WTI 83.94 ▼ 0.62% IRON ORE 161.91 — — COPPER 6.50 ▲ 3.68% GOLD 4,168 ▲ 3.31% SILVER 59.33 ▲ 2.53% SOY 1,189 ▲ 0.89% CORN 468.50 ▲ 4.34% WHEAT 663.50 ▲ 0.42% COFFEE 324.50 ▼ 0.40% SUGAR 14.44 ▼ 0.41% ORANGE JUICE 145.95 ▲ 5.80% COTTON 81.10 ▲ 3.95% COCOA 5,118 ▼ 1.29% BEEF 227.45 ▼ 0.20% CATTLE 342.60 ▼ 0.49% LITHIUM 69.81 ▲ 4.60% PETR4 42.84 ▲ 2.00% VALE3 76.09 ▲ 1.39% ITUB4 42.74 ▲ 2.20% BBDC4 18.39 ▲ 0.22% ABEV3 15.96 ▲ 0.38% BBAS3 21.19 ▲ 1.97% B3SA3 15.63 ▲ 2.02% WEGE3 46.82 ▲ 2.59% PRIO3 59.96 ▲ 2.65% SUZB3 42.73 ▲ 1.02% RENT3 38.23 ▲ 2.11% AZZA3 15.86 ▼ 1.80% CSAN3 3.99 ▲ 2.57% RAIZ4 0.26 — 0.00% PCAR3 2.74 ▼ 2.49% GMAT3 3.98 ▲ 2.31% PSSA3 54.35 ▲ 1.00% CVCB3 1.30 ▲ 1.56% POSI3 3.52 ▼ 0.85% SLCE3 13.26 ▲ 1.30% NATU3 8.33 ▲ 0.73% BRKM5 5.93 ▲ 3.67% RANI3 8.03 ▲ 0.88% CSNA3 4.95 ▼ 4.81% CMIN3 5.72 ▼ 4.35% USIM5 7.55 ▼ 9.25% GGBR4 24.98 ▲ 0.77% ENEV3 26.15 ▲ 1.08% CPFE3 46.09 ▲ 2.90% CMIG4 11.23 ▲ 2.09% EQTL3 38.66 ▲ 2.22% LREN3 13.52 ▲ 1.20% VIVT3 32.63 ▲ 0.28% RAIL3 14.28 ▲ 2.37% KLABIN 18.05 ▲ 0.17% RAIA DROGASIL 18.25 ▲ 2.76% RDOR3 34.42 ▲ 1.68% HAPV3 11.01 ▲ 4.36% FLRY3 16.97 ▲ 0.83% SMTO3 14.40 ▲ 0.91% UGPA3 32.92 ▲ 2.88% VBBR3 35.63 ▲ 2.98% BBSE3 40.86 ▼ 0.15% BPAC11 56.62 ▲ 3.59% CURY3 30.40 ▲ 5.37% AERI3 2.13 ▲ 0.95% VIVARA 22.16 ▼ 0.85% COMPASS 24.84 ▲ 2.60% VAMOS 3.42 ▲ 3.32% SANB11 25.25 ▼ 1.48% ASAI3 8.41 ▲ 1.33% SBSP3 27.41 ▲ 3.01% WALMEX 50.34 ▲ 1.78% GMEXICO 212.28 ▲ 2.66% FEMSA 219.70 ▲ 3.56% CEMEX 20.72 ▲ 0.63% GFNORTE 200.90 ▲ 2.13% BIMBO 60.83 ▲ 1.59% TELEVISA 9.94 ▲ 0.81% AMX 21.99 ▲ 0.73% GAP 382.13 ▲ 0.81% ASUR 276.56 ▲ 1.69% OMA 233.94 ▲ 0.55% KOF 189.04 ▲ 1.18% GRUMA 268.28 ▲ 0.39% KIMBER 40.34 ▼ 0.25% SQM-B 63,290 ▼ 0.80% COPEC 6,300 ▲ 1.78% BSANTANDER 80.70 ▲ 0.57% FALABELLA 6,220 ▲ 0.06% ENELAM 87.65 ▲ 1.11% CENCOSUD 1,945 ▲ 1.35% CMPC 1,030 ▼ 0.49% BANCO CHILE 196.80 ▲ 3.04% LATAM AIR 24.90 ▲ 2.05% YPF 81,400 ▲ 2.04% GGAL 8,015 ▲ 2.82% PAMPA 5,525 ▲ 2.89% TXAR 648.00 ▼ 1.52% ALUAR 979.50 ▲ 0.67% TGS 9,810 ▲ 3.15% CEPU 2,404 ▲ 4.93% MIRGOR 16,725 ▲ 1.06% COME 44.75 ▲ 4.95% LOMA NEGRA 3,690 ▲ 0.48% BYMA 297.00 ▼ 0.34% TELECOM ARG 4,315 ▲ 0.58% ECOPETROL 17.04 ▲ 3.90% BANCOLOMBIA 93.89 ▲ 4.94% GRUPO AVAL 5.17 ▲ 5.41% CREDICORP 402.27 ▲ 4.78% SOUTHERN COPPER 185.00 ▲ 5.43% BUENAVENTURA 31.86 ▲ 5.43% MERCADOLIBRE 1,886 ▲ 1.20% NUBANK 14.49 ▲ 3.21% XP 17.20 ▲ 5.46% PAGSEGURO 9.84 ▲ 3.14% STONE 11.43 ▲ 4.29% GLOBANT 36.39 ▼ 4.61% TECNOGLASS 43.59 ▼ 2.87% GAP AIRPORT 219.58 ▲ 1.20% ASUR 276.56 ▲ 1.69% OMA AIRPORT 108.09 ▲ 1.61% AMX ADR 25.33 ▲ 1.85% FEMSA ADR 126.76 ▲ 4.71% CEMEX ADR 11.94 ▲ 2.01% PETROBRAS ADR 19.12 ▲ 2.85% VALE ADR 14.99 ▲ 2.32% ITAU ADR 8.44 ▲ 3.56% SANTANDER BR 5.06 ▲ 1.29% AMBEV ADR 3.12 ▲ 0.65% CSN 1.01 ▼ 2.43% GERDAU 4.96 ▲ 2.06% LATAM ADR 53.94 ▲ 3.63% BTC 64,863 ▲ 1.49% ETH 1,926 ▲ 0.90% SOL 74.66 ▲ 1.44% XRP 1.09 ▲ 1.27% BNB 592.19 ▲ 3.64% ADA 0.17 ▲ 4.99% DOGE 0.07 ▲ 0.92% AVAX 6.45 ▲ 0.46% LINK 8.48 ▲ 1.91% DOT 0.77 ▲ 0.96% LTC 45.70 ▲ 0.64% BCH 216.73 ▲ 2.65% TRX 0.33 ▲ 1.03% XLM 0.17 ▲ 0.38% HBAR 0.07 ▲ 1.40% NEAR 1.68 ▲ 3.65% ATOM 1.28 ▲ 0.07% AAVE 99.35 ▲ 3.43% SELIC 14.25% EMBRAER 86.14 ▲ 0.06% EMBRAER ADR 68.11 ▲ 0.67% JBS 14.29 ▲ 0.42% JBS BDR 72.15 ▼ 0.32% MBRF3 17.96 ▲ 7.80% MBRFY 3.47 ▲ 9.12% INTER 5.64 ▲ 4.25% EGX 53,442 ▼ 0.35% USD/ZAR 16.49 ▼ 1.10% USD/NGN 1,362 ▼ 0.07% NIKKEI 61,867 ▲ 0.71% CSI300 4,550 ▼ 1.10% HSI 25,859 ▲ 0.20% NIFTY 24,317 ▲ 0.28% KOSPI 5,594 ▼ 1.23% JCI 6,186 ▲ 1.56% USD/JPY 159.64 ▼ 2.29% USD/CNY 6.7438 ▼ 0.16% DAX 25,612 ▲ 0.60% CAC 8,486 ▲ 0.92% FTSE 10,897 ▼ 0.10% MIB 52,104 ▲ 1.29% IBEX 19,758 ▲ 1.78% STOXX 649.95 ▲ 0.77% EUR/USD 1.1531 ▲ 0.58% GBP/USD 1.3467 ▲ 0.76% SPX 7,438 ▲ 1.66% DJI 52,208 ▲ 1.19% NDX 28,106 ▲ 3.36% RUT 2,946 ▲ 1.37% TSX 35,506 ▲ 0.49% VIX 17.09 ▼ 17.28% USD/CAD 1.4005 ▼ 0.25% US10Y 4.6630 ▲ 0.89%
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Thursday, July 30, 2026

Brazil Environment

COP26: After international pressure, Brazil to sign forest preservation agreement

By · October 30, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – “We sent a formal communication to the initiative’s promoters, confirming our support. We are once again demonstrating Brazil’s new stance of commitment to sustainable development issues and specifically on climate change,” said the Ministry of Foreign Affairs’ Multilateral Policies Secretary Paulino Franco de Carvalho Neto.

“Brazil expects the world’s largest economies to also do their part, particularly in reducing fossil fuel use, the main cause of global warming,” he added.

Home to 60% of the Amazon, Brazil will sign a landmark international agreement on forest preservation during COP26 in Glasgow. (photo internet reproduction)
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The “Forest Deal,” the agreement on forest preservation, is one of the major points of COP26, to be held in Glasgow, Scotland, from October 31 to November 12. The agreement aims to enable the setting of clear global targets on reducing deforestation and land degradation by 2030.

According to a report by the NGO Climate Observatory, Brazil’s CO2 emissions increased by 9.5% year-on-year in 2020 despite the fact that the global average dropped by 7% due to the coronavirus pandemic, which reduced transport and industrial production.

This exception was caused by “the increase in deforestation last year, particularly in the Amazon, which placed Brazil at odds with the planet.”

Since Bolsonaro took office in January 2019, the Amazon lost an estimated 10,000 km² of forest per year (almost the area of Jamaica), compared to about 6,500 km² per year in the previous decade.

However, Bolsonaro in April announced that Brazil was committed to eradicating all illegal deforestation by 2030.

Brazil will be represented  in Glasgow by his Environment Minister Joaquim Leite, as Bolsonaro he will be in Rome during the G20 meeting.

Brazil on Monday announced that it would advance its deadline for the complete elimination of illegal deforestation by 2 to 3 years.

The Brazilian delegation to the Glasgow climate summit will announce a target of zero illegal logging by 2027 or 2028, Vice President Hamilton Mourão told foreign media on Monday. This is earlier than 2030, the year Bolsonaro mentioned at the White House-led climate summit in April.

“A more ambitious goal in terms of reducing illegal deforestation over a shorter period would, in my opinion, be extremely well received by the international community,” said Mourão, who chairs the Brazilian government’s National Council of the Legal Amazon. “And it would clearly state the government’s commitment to work on preventing climate change from affecting life on Earth.”

The anticipated 2030 goal was a nod to U.S. President Joe Biden, who cited Brazil’s environmental record at his campaign rallies last year.

For his part, Bolsonaro in 2018 campaigned on a pledge to release the Amazon’s vast resources and downplayed the rights and desires of the indigenous population to leave the vast territory intact. His stance was perceived by many as encouraging illegal logging and unrestricted mining that led to increased deforestation and prompted global criticism.

Bolsonaro has abandoned such belligerent rhetoric as he aims to clean up Brazil’s environmentalist image and portray a responsible government. His critics have cautioned that his change of stance is false and that data pointing to less deforestation in recent months does not necessarily represent a trend.

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