Brazil Property News: Brazil outlines climate change plan




26th September 2008 07:00


Eco-conscious investors considering buying property in Brazil could be interested to hear the Latin American nation has outlined a climate change plan with targets to reduce climate change emissions, it has been reported.

Ministers from the Departments of Environment and Science and Technology presented the National Plan on Climate Change, which features voluntary measures for government and industry to work with, according to Agencia Brasil.

The report states the government expects the steel industry to start using renewable fuels - such as reforested wood - instead of coal.

It adds the secretary of Climate Change Environment Ministry, Suzana Kahn, says the effective measures should be successful and the plan will create obligations to take action.

Meanwhile, it was reported by the Brazil Arab News Agency this week that Figures released by the Institute of Applied Economic Research show social inequality dropped by some seven per cent last year.


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