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Amazon nations summit faces fault lines on oil, deforestation

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Reuters or enjoy below

🗞️ Driving the news: At the two-day Amazon Cooperation Treaty Organization (ACTO) meeting in Belem, Brazil, Colombian President Gustavo Petro called for an end to Amazon oil exploration, and Brazil's President Luiz Inácio Lula da Silva pushed for a regional deforestation halt by 2030
• However, Bolivia and Venezuela have not backed the deforestation goal, and Brazil is weighing new oil exploration near the Amazon River

🔭 The context: ​​Eight Amazon rainforest nations are convening for the first time in 14 years under the ACTO in the northern Brazilian city of Belem 
• They aim to forge unified policies, but divisions over blocking new oil drilling and ending deforestation may hinder agreement

🌎 Why does it matter for the planet: The decisions made during the summit will impact the future of the Amazon rainforest, affecting global climate change, biodiversity, and indigenous rights
• The contrasting priorities among countries may influence the pace of conservation and sustainable development in the region

⏭️ What's next: The outcome of these negotiations will set the course for regional environmental policies and international collaboration in the Amazon

💬 One quote: "Are we going to let hydrocarbons be explored in the Amazon rainforest? To deliver them as exploration blocks? Is there wealth there or is there the death of humanity?" (Gustavo Petro, Colombian President)

📈 One stat: Primary forest loss in Bolivia increased by 32% last year, demonstrating one of the significant challenges in reaching a regional agreement on ending deforestation by 2030

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