Brazil deforestation cuts yield up to R$192bn economic gain, FGV study finds

A Fundação Getulio Vargas study estimates that reduced deforestation in the Amazon and Cerrado since 2023 avoided 1.49 billion tons of greenhouse gas emissions, generating up to R$192 billion in economic benefits for Brazil and R$1.16 trillion in global climate benefits. The figures are model-based estimates, not realized cash flows, and depend on assumptions about carbon pricing and ecosystem services. This strengthens the economic case for continued forest protection, potentially influencing Brazilian policy and international climate finance flows.

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