Brazil Property News: Deforestation targets unveiled in Brazil




2nd December 2008 04:36


Brazilian property investors with an environmentally-friendly conscience could be interested to learn that Brazil this week announced a plan to cut destruction of the Amazon rain forest by more than half over the next decade, it has been reported.

The nation's forestry service has set a target of reducing deforestation by 70 per cent by 2018, according to Mercopress.

Environment minister Carlos Minc told the news agency: "In terms of avoided deforestation … the plan foresees a reduction of 4.8 billion tonnes of carbon dioxide that won't be emitted up to 2018 - which is more than the reduction efforts fixed by all the rich countries."

Tasso Azevedo, head of the government's Forestry Service, said the new Amazon Fund that is attracting foreign donations to help conservation efforts is enabling the nation to adopt targets to stop deforestation.

According to the report, Norway pledged $1 billion (£667 million) to the fund that was launched last August.

Meanwhile, the Brazzil Magazine reported this week that the nation's businessmen are calling on the government to implement a foreign trade policy to enable them be more competitive.


Share & save this story: 
Digg iconDelicious iconReddit iconFark iconYahoo! iconNewsvine! icon

Related News



News Archive


How to invest in Brazilian property

When it comes to property investment, the early bird really does catch the worm.


uv10s web site is designed to help and will provide you with the following invaluable information:



To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.



Name:
Email:
Phone:
Your message: