Rainforest destruction to be stopped

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 rainforest 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 £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.

Source: www.uv10.com