Brazilian President Luiz Inacio Lula da Silva’s reelection has raised hopes for stronger Amazon rainforest protection and climate action. However, environmentalists warn that a right-leaning Congress could weaken conservation efforts, Indigenous rights and environmental regulations despite renewed international funding commitments
Brazil auctioned off 34 of 172 potential oil blocks near the Amazon River, aiming to boost oil production in untapped regions ahead of the UN climate talks in the Amazon. Major companies like Chevron, ExxonMobil, and Petrobras secured high-potential offshore sites
