The following interview between Global Americans’ Executive Director Guy Mentel and Francisco J. Monaldi took place this week as the Biden-Harris administration moves to combat climate change and as the COVID-19 pandemic continues to disrupt global oil markets.
The COVID-19 pandemic and the increasingly urgent threat of climate change have clearly demonstrated both the direct relevance of the global (Environmental, Social, and Governance) ESG risk factors as well as the world’s interdependence in facing these ESG risks.
In Brazil—still in the throes of the pandemic, as evidenced by the country’s ignominious passage through the threshold of 500,000 dead from COVID-19—public dissatisfaction with the government of President Jair Bolsonaro collided this week with a looming socio-environmental catastrophe: a historic drought that has parched large swathes of Brazil’s Centro-Oeste (i.e., the states of Goiás and Mato Grosso do Sul) and populous southeast (in particular, São Paulo, Minas Gerais, and Paraná, three of the most populous states in the country) in advance of the annual Amazon wildfire season.
