This week. Geotechnology could be a solution to Brazil’s water crisis. Focusing on social bonds, Brazilian fintech wins the country’s first ESG seal. Brazil leads in Latin American mobile audiences.
Brazil’s current water crisis has exposed the country’s historic ineptitude in managing its natural resources. With national grid operator ONS issuing more optimistic month-end forecasts for levels of hydroelectric reservoirs, chances are that forward planning will be postponed once again.
What it matters. Though the increase in reservoir levels in the Southeast and Center-West means that the water crisis could start to ease off, regulators warn that the outlook for hydroelectric energy generation remains sensitive to fluctuations in resources.
The key. Diogo Reis, a geographic information systems (GIS) specialist at Imagem Geosistemas, a Brazilian company offering geo-intelligence services, tells The Brazilian Report that geotechnology could be used to effectively manage the country’s water resources, preventing the current crisis from reaching even more worrying levels and making Brazil less of a hostage to rainfall levels.
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