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General view of a burnt area of the Amazonia rainforest in the surroundings of the city of Porto Velho, Rondonia state, Brazil, on September 15, 2021. Photo: Mauro Pimentel/AFP via Getty Images

Deforestation in Brazil's Amazon rainforest reached a 15-year high after it soared 22% in one year, according to data published Thursday.

Why it matters: The Amazon is the world's largest tropical rainforest and stores vast quantities of CO2, the primary greenhouse gas.

By the numbers: Nearly 13,235 square kilometers (5,110 sq. miles) was lost during the 2020-2021 period — the most since 2006, according to the data.

The big picture: The Brazilian Amazon hadn't recorded a single year with more than 10,000 kilometers of deforestation in over a decade, AP notes.

  • Deforestation of the Amazon increased under President Jair Bolsonaro.
  • Deforestation in the Brazilian Amazon rainforest accelerated and reached a 12-year high in 2020 according to data from Brazil's National Institute for Space Research published last December.

Our thought bubble, via Axios' Andrew Freedman: The agreement to combat deforestation was one of the key outcomes that occurred on the sidelines of COP26, in addition to the formal Glasgow Climate Pact.

  • The new data underscores how big a challenge the global community faces in order to rein in deforestation in a country where the government has enacted policies that do the opposite, and instead ease the development of rainforest lands.

What they're saying: "It is a shame. It is a crime," said Márcio Astrini, executive secretary of the Climate Observatory, a network of environmental nonprofit groups, to AP.

  • "We are seeing the Amazon rainforest being destroyed by a government which made environmental destruction its public policy."

Go deeper... Research: Protected land status determines a forest's fate

Go deeper

Biden directs federal government to become carbon neutral by 2050

President Biden speaking to reporters outside of the White House on Dec. 8.

President Biden signed an executive order Wednesday that requires the federal government achieve multiple goals related to reducing its carbon emissions, including achieving net-zero emissions by 2050.

Why it matters: Meeting the objectives of the order would require a massive investment by the federal government to buy electric vehicles, upgrade buildings and change how it procures electricity.

JPMorgan: "Full global recovery" in 2022

Photo: Erik McGregor/LightRocket via Getty Images

JPMorgan Chase Global Research says in a forecast to clients: "2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak."

The big picture: The bullish report sees "a return of global mobility, and a release of pent-up demand from consumers (e.g. travel, services)."

Inside Trump's hunt for "disloyal" Republicans

Illustration: Aïda Amer/Axios

Donald Trump and his associates are systematically reshaping the Republican Party, working to install hand-picked loyalists across federal and state governments and destroy those he feels have been disloyal, sources close to the former president tell Axios.

Why it matters: If most or all of Trump’s candidates win, he will go into the 2024 election cycle with far more people willing to do his bidding who run the elections in key states.

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