Over ten years Brazil has transformed itself into a financial powerhouse. The BRIC countries (Brazil, Russia, India and China) were given more voting rights and seats at the International Monetary Fund (IMF)
This marks Brazil’s emergence on the global stage.
Brazil with its oil reserves and booming agricultural sector indicates that the country’s economy could increase even [...]
Brazil set to become the seventh largest economy.
According to the International Monetary Fund (IMF) Brazil is expected to surpass Italy in 2011 as the seventh largest economy in the world, and will most likely keep that ranking until at least 2015.
Brazil’s current economy makes it already larger than both Russia and India combined. With a [...]
On Monday the American forestry investment firm Timberland Investment Resources (TIR) has launched a European timber hedge fund to provide European investors access to asset strategies.
TIR will offer European high-net-worth investors access to the increasingly popular timber asset investments. The new London based subsidiary is still waiting for approval from the Financial Services Authority.
The [...]
Thousands of trees are felled each year in the Brazilian Amazon forest. One way to track the location, size and who was responsible for the action is to attach a microchip to the tree base.
Using a hand-held device, a forestry engineer can pull up the tree’s vital statistics stored on the chip. Currently this project [...]
Brazil is to auction large sections of the Amazon forest to private timber companies and co-operatives in an effort to reduce the demand for illegal logging.
Finally, the government is reviewing its concessions for private companies to log its national forest, after years of legal battles and political opposition.
“The future of the Amazon …combating deforestation and [...]
ArcelorMittal Bio-energy is responsible for the production and marketing of the renewable commodities such as charcoal, wood, seeds and seedlings from the formation of Eucalyptus forests. From 2011-2016 the firm plans to invest $390 million with the aim to expand the production of charcoal from 2.5 million cubic metres up to 5.2 million m³ by [...]
