Reuters exclusively reported that the United States is looking to crack down on environmental criminals behind surging deforestation in the Brazilian Amazon, using penalties such as Magnitsky sanctions to tackle climate change more aggressively. The plan represents a major shift in Washington’s strategy to combat global warming, adding the bite of direct sanctions to its toolkit of tax incentives, diplomatic nudges and complex, slow-moving multilateral accords.
Environment
Reuters reveals U.S. aims to sanction Brazil deforesters, adding bite to climate fight
23 November 2022, 2:49 pm. 1 minute
Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Climate Change
Regions: Americas
Countries: BrazilUS
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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