Last week the first forestry investment was issued credits and in return, voluntary carbon market players could increase demand for carbon credits from the forestry sector.
Forestry credits have been eagerly anticipated within the market sector for a long period of time, so this will be a welcomed piece of news
The voluntary carbon market has [...]
As the global economy continues to recover sales are up as the Steel giant Arcelor Mittal reported a huge rise in profits during the April to June period. Net profit was $1.7 billion compared with a loss of $792 during the same time a year previous and a profit of $679 million in the previous [...]
Scientists have reported that on the ground studies combined with airborne laser surveys have been used to verify a map of the Peruvian Amazon that accurately shows how much carbon is stored and released.
The research was centered in Peru and should now help kick start schemes that will pay forest rich countries to preserve [...]
Experts have warned against a one size fits all approach when it comes to implementing a new financial mechanism aimed at mitigating climate change from the destruction of tropical forests. They are demanding a more balanced, flexible solution to surround this new mechanism instead. Their main criticism is that the benefiters of this scheme are [...]
What a difference a quarter makes.
Three months ago Brazil’s China-like growth provoked fears of overheating with higher and higher interest rates controlling the rising consumer prices. Now economic data has pointed to a sharp slowdown, punctuated by a drop in industrial production and slower retail sales growth.
Last week Guido Mantega, Brazil’s finance minister [...]
Bolstered by high demand in the civil construction and infrastructure sectors prices for steel in the domestic market are poised to rise through the end of the year.
For two of Brazil’s three largest steelmakers a recent rise in the cost of imported steel could probably pave the way for another local price hike (the [...]
Growth is inevitable but never more so in Brazil where domestic demand is expected to explode over the next five to ten years.
At present this explosion is delayed by insufficient investment infrastructures, which have hindered the production of new capacity releases.
However, earlier this year the Brazilian government announced a five year economic growth acceleration program. [...]
According to the Brazilian government deforestation in the Amazon has declined by 47.5% during the past year. This data was supplied from a preliminary survey taken by a low resolution satellite. The figure is the highest decline in deforestation rates since records began in 1988, amounting to a 90% drop in deforestation since the peak [...]
Ok so this isn’t strictly related to forestry but let’s face it, this is interesting!
The ongoing saga of the new Amazon dam has finally come to an end with President Luiz Lula da Silva signing the contract for the Belo Monte dam with the Norte Energia consortium.
The 11,000 MW dam will become the world’s third [...]
I was researching alternative assets classes that not only could perform as well as the stock market but also provide good diversification opportunities as well as passive income possibility. One asset class which seems a little overlooked is timber. According to several sources, investing in timber has beaten the stock market by 4 percentage points [...]
There has been a lot of praise recently for tree planting projects and while that is good news, after all the more trees planted the better, right? Well not quite because how does the uninformed general populace know that these schemes really deliver the level of cuts they are praised for?
The answer (at least in [...]
