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Can Lula fix the Amazon?

The Real Story

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Is the Amazon Fund a Good Idea?

Richard Quest: Can the Amazon fund be transformative or is it just old ideas wrapped up in new clothing? Richard Quest: I wouldn't write off the idea that this could be, this could start something. He says Brazil doesn't have a carbon credit market legislation in place at the moment but there are proposals in front of Congress and those might go through.Quest: Do you worry that decisions about the Amazon will increasingly be taken abroad rather than in Brazil itself? You know, we're already getting on towards $1 billion in that fund, which is a substantial amount.

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