Amazon Deforestation Hits Record Low

Deforestation in Brazil's Amazon rainforest declined by 42 percent to a record low over the twelve months ending in July. Data from space agency Inpe shows destruction fell to 3335 square kilometers, while the Cerrado savanna saw a 24 percent drop.

FILE PHOTO: A drone view shows a deforested plot of Brazil's Amazon rainforest in the municipality of Humaita, Amazonas state, Brazil, August 7, 2024.

Deforestation in Brazil's Amazon rainforest fell 42% to 3,335 square kilometers in the 12 months through July, reaching the lowest level on record. Data released by space research agency Inpe on Friday showed the sharpest annual drop in decades for the region. The decline marks the lowest destruction level in the historical series dating back to 1988, according to the agency's PRODES satellite monitoring program.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.