Brazil's Lula Aims to Reward Farmers With Cheap Credit for Curbing Carbon

  • Goal is encouraging farmers to produce more in the same land
  • New govt. mulls compensating farmers for protection beyond law

Brazil's president-elect Luiz Inacio Lula da Silva

Photographer: Andressa Anholete/Bloomberg
Lock
This article is for subscribers only.

Brazil’s President-elect Luiz Inacio Lula da Silva is looking to increase the amount of cheap credit for farmers to spur environmentally friendly practices.

Lula’s plan for sustainable agriculture could be key for pressing global issues: it increases food production and protect forests at the same time.