Posted by: ecodestination | March 23, 2009

World Bank approves loan for Amazon

Parrots in the Amazon (photo by Orthopod1)

Parrots in the Amazon (photo by Orthopod1)

I am not a big fan of the World Bank, but maybe this time they’ve done something laudable: the bank has approved a $1.3 billion loan for the Brazilian government to spend on improving environmental management programs.

Given the environmental charge of the Amazon in the world (one-third of the planet’s tropical rainforests), this is good news! Maybe this effort will have a domino effect leading to less deforestation of the Brazilian rainforest. I’m hoping and hard, you better believe it.

The program focuses on forests, water conservation and energy efficiency. All aspects of the program will be involved in the climate change cause, e.g. deforestation leads to biodiversity loss and climate change, therefore, the program’s interests will include diminishing deforestation in Brazil.

Nice. After all, a better environmental management program really isn’t if ravaging deforestation isn’t dealt with! Honestly, I can’t help but be suspicious, even cynical at times. But Brazil does have a lot hanging on the Amazon, since it contains 60% of it, so their motivation lies there. Probably.

“This requires a commitment from all levels of government, whether federal, state or municipal, paying special attention to social programs, many of which include programs for sustainable growth,” said Guido Mantegna, Brazil’s Minister of Finance.

No sh*t. I mean, would we be that surprised if this money ended up being used on pseudo-green projects that would ultimately harm the environment? Anything’s possible with money, and if it were environmentalists who had it, we wouldn’t be in this mess. Plus, they had $488.6 million to spend on the environment and chose to fork it over to the military for “protection.”

To round it out a bit, here’s a related article you might be interested in: whether Obama should give Brazil $16 billion yearly to conserve the Amazon rainforests.

See you soon and don’t forget to add Save Eco Destinations on Twitter!


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