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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 506232.79690227 Bettors: real 43, play 1221 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? 49% Global presence of algae in coral reefs to increase in comparison to 2021? (ID: 142272) Volume: real 294.15003741, play 35134.6206922 Bettors: real 14, play 84 Leading (real money): Global presence of algae in coral reefs to increase in comparison to 2021? 76% Leading (play money): Global presence of algae in coral reefs to increase in comparison to 2021? 34% 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% Total area of dead Coral Reefs to increase in comparison to 2021? (ID: 142271) Volume: real 472.56043864, play 113447.77353371 Bettors: real 29, play 191 Leading (real money): Total area of dead Coral Reefs to increase in comparison to 2021? 84% Leading (play money): Total area of dead Coral Reefs to increase in comparison to 2021? 90%

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

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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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