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August 9, 2022
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Petro’s idea for foreign debt involving the Amazon

Petro's idea for foreign debt involving the Amazon

On Sunday, August 7, the new president of Colombia, Gustavo Petro, along with his vice-presidential formula, Francia Márquez. The event, in the Plaza de Bolívar, in Bogotá, was loaded with important symbolism.

(Read: ‘I will develop the popular economy, industry and the countryside’: Petro).

In addition to a forceful speech on the course that his government will have in the next four years. One of the issues that Petro highlighted most in his speech was the concern for the climate change and environmental problems in the world.

In his speech, he criticized the large emission of greenhouse gases by richest countries in the world. And he added that one of the areas most affected by this phenomenon is the Amazon jungle.

That is why, he specified, that although the population that lives in The Amazon becomes a caretaker of the forest, funds are needed to recover it. Her proposal is to receive contributions from the agreed climate funds.

I propose to humanity to exchange external debt for internal expenses to save and recover our jungles, forests and wetlands. Reduce the external debt and we will spend the excess to save human life“, he assured.

(Also: The 10 mandates with which Petro committed himself to his government).

He also called on the International Monetary Fund. “If the IMF helps to exchange debt for concrete action against the climate crisis, we will have a prosperous new economy and a new life for humanity“, said.

It should be remembered that one of Petro’s campaign banners was The environmental protection. Along these lines, it maintains its position on progressively curbing the extraction of oil and carbon to consolidate an energy transition in the country.

BRIEFCASE

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