It is supposed to be the earth lung, but the Amazon rainforest is now emitting more carbon dioxide than it is able to absorb. Put differently, it is a source of CO2, rather than a sink!
Reasons: Most of the emissions are caused by fires, many deliberately set to clear land for beef and soy production.
Sources
The Economist, https://www.economist.com/interactive/graphic-detail/2022/05/21/the-brazilian-amazon-has-been-a-net-carbon-emitter-since-2016
The Guardian, https://www.theguardian.com/environment/2021/jul/14/amazon-rainforest-now-emitting-more-co2-than-it-absorbs
CO2 emissions from forest degradation in Brazilian Amazon, https://iopscience.iop.org/article/10.1088/1748-9326/ab9cfc/pdf
Published by Dr. Wael Mohamed Aaminou
Witnessing the 2008 financial crisis unfold in the United States was a defining moment in my career. This experience led me to transition towards ethical finance, which prioritizes the real economy, social welfare, and environmental sustainability.
This journey has since taken me across Africa, the Middle East, and Southeast Asia, where I have contributed to shaping financial ecosystems across various sectors, including energy, agriculture, healthcare, and water. These diverse experiences have taught me that development challenges are complex and require a holistic approach, especially when resources are constrained. I have also learned that prioritizing key issues, particularly climate change, is essential. Climate change impacts nearly every sustainability perspective, making it a focal point of my work.
In my current work, I leverage my expertise to confront climate challenges and drive the growth of green and inclusive economies, particularly within emerging markets.
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waelmo.com 