"Unfortunately it took Brazil a little longer than it took our peers," Luis Felipe Vital, Head of Public Debt Operations at the Brazil National Treasury said.The comments come as Brazil's new president Lula da Silva took office at the start of the year pledging to stop deforestation in the Amazon, a vital biome to curb climate change.
"Brazil does give a lot of importance for the environment components," Vital said at event organised by think tank OMFIF.Reporting by Yoruk Bahceli; editing by Dhara Ranasinghe
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: