Brazil courts investors after its exploitation of the Amazon

People from the Mura tribe show a deforested area in lands inside the Amazon rainforest near Humaitá, Amazonas State, Brazil, in 2019. Picture: REUTERS/UESLEI MARCELINO

Brazil is changing its strategy as the government increasingly relies on market financing for its infrastructure projects, many of which require environmental licensing.

That pressure has also been seen on the ground. “Environmental concern has appeared at roadshows, but we were already prepared,” the minister said. “It is clear that the flow of private investments will be increasingly linked to environmental standards.”One of the first such big-ticket projects will be a railway crossing through a portion of the Amazon, connecting a grain-producing region in the country’s centre-west to a port on its north coast.

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