Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. AP Explains: Role of the Amazon in Global Climate Change Associated Press RIO DE JANEIRO - Fires across the Brazilian Amazon have sparked an international outcry for preservation of the world's largest rainforest. Here's a look at the role the Amazon plays in regulating the world's climate: Is the World's Oxygen Supply at Risk? No. While it's commonly said that the Amazon produces 20% of the world's oxygen, climate scientists say that figure is wrong and the oxygen supply is not directly at risk in any case. That's because forests, including the Amazon, absorb roughly the same amount of oxygen they produce. Plants do produce oxygen through photosynthesis, but they also absorb it to grow, as do animals and microbes. That doesn't mean the fires aren't a problem for the planet. The Amazon is a critical absorber of carbon of carbon dioxide, a greenhouse gas produced by burning fossil fuels, like oil and coal. Is the Amazon 'the Lungs of the Planet?' The Amazon rainforest is frequently referred to as the "lungs of the planet," but it may not be the most accurate analogy for the forest's role. Carlos Nobre, a University of Sao Paulo climate scientist, says a better way to picture the Amazon's role is as a sink, draining heat-trapping carbon dioxide from the atmosphere. Currently, the world is emitting around 40 billion tons of CO2 into the atmosphere every year. The Amazon absorbs 2 billion tons of CO2 per year (or 5% of annual emissions), making it a vital part of preventing climate change. What Do the Fires in the Amazon Mean for the World's Climate? .