As per the burning record rate of Brazil’s Amazon, data from the National Institute of Space Research that intensified domestic and international scrutiny of President Jair Bolsonaro’s environmental policies. Wildfires raging in the Amazon rainforest have hit a record number this year, with 72,843 fires detected so far by Brazil’s space research centre National Institute for Space Research (INPE).
INPE, as the institute is known, recorded an 84 per cent increase in fires in Brazil between 2018 and 2019, most in the Amazon rainforest. It was the highest level in seven years of record keeping. The surge marks an 83 per cent increase over the same period of 2018 and is the highest seeing as records began in 2013 for an ecosystem that produces 20 per cent of Earth’s oxygen.
Since Thursday, satellite images spotted 9,507 new forest fires in the country, mostly in the Amazon basin, home to the world’s largest tropical forest seen as vital to countering global warming. For those living in the Amazon, the smoke is intense. Moises Fernandes, an agronomist and consultant in the state said by of Rondonia that it’s been several days since he’s been able to see the river that lies just 450m away from his apartment.
Read EquityPandit’s Nifty Outlook for the Week (Aug 19, 2019 – Aug 23, 2019)