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Deforested area in Brazil's Amazon to grow in 2024? Smaller: real money 98%, play money 98% Larger: real money 2%, play money 2% Volume: real money 734.2865976, play money 61855.76 Bettors: real money 11, play money 51 Categories: Science, Environmental Indicators Related markets Brazil to reduce illegal deforestation by at least 50% by 2026? (ID: 134871) Volume: real 965.16141894, play 508517.50310836 Bettors: real 43, play 1223 Leading (real money): Brazil to reduce illegal deforestation by at least 50% by 2026? 62% Leading (play money): Brazil to reduce illegal deforestation by at least 50% by 2026? 51% Will 2026 be the warmest year on record? (ID: 231553) Volume: real 355.16543545, play 68005.51887073 Bettors: real 11, play 26 Leading (real money): Will 2026 be the warmest year on record? 67% Leading (play money): Will 2026 be the warmest year on record? 78% Average annual rise in sea level in the next report prepared by the IPCC (ID: 138696) Volume: real 316.75459546, play 17381.5251826 Bettors: real 23, play 60 Leading (real money): Between 3.21 mm to 3.7 mm 46% Leading (play money): Between 3.21 mm to 3.7 mm 62%

Deforested area in Brazil's Amazon to grow in 2024?

Market Rules

The Brazilian National Institute for Space Research (Inpe) has a robust Satellite Legal Amazon Deforestation Monitoring Project (PRODES, in the Portuguese abbreviation), considered the most precise system to measure annual deforestation rates.

In November 2023, estimates from PRODES pointed to an 22% decrease in deforestation rates in the Brazilian Amazon in comparison with the figures from 2022.

If the first PRODES estimate for 2024 (expected to be released in November 2024) indicates that the total deforested area in the Amazon grew in comparison to the area that was deforested in 2023, this market will resolve to "Larger". If the PRODES estimate indicates that the total deforested area in the Amazon in 2024 decreased in comparison to the figures from 2023, this market will resolve to "Smaller".

Source: http://terrabrasilis.dpi.inpe.br/app/dashboard/deforestation/biomes/legal_amazon/rates 

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