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  • Archive for October, 2016

    Big firms work together on deforestation guidance

    2016 - 10.27

    Major brands including L’Oreal, Mars and Tetra Pak have pledged to work together to tackle deforestation and develop better accounting methods for climate change, it has been reported.

    The global project developed by sustainability organisation Quantis aims to realise a comprehensive, centralised set of standards that companies can use to report on greenhouse gas emissions from deforestation. They will also allow businesses to account for climate change and set targets for improvement, edie.net reported.

    A range of companies and organisations have signed up to the initiative, including non-profits, government and academic institutions such as the Rainforest Alliance, ADEME and the Sustainability Consortium. Quantis said it wants to publish the guidance in April 2017.

    Deforestation and the effect on land use are thought to represent more than 20 per cent of global emissions. Companies are increasingly being called upon to commit to environmental pledges and work to reduce their emissions. Quantis said firms, especially those working in the agricultural and forestry industries, need to get much better at reporting and tracking their progress on forestry impacts.

    Quantis US managing director and project lead Jon Dettling was reported as saying: “Companies understand the need to reduce the impacts of their supply chains and are increasingly interested in communicating about their efforts. Credible metrics are critical for achieving both.

    “A greenhouse gas accounting method that is conducive to corporate goal setting and supply chain management will allow companies to achieve progress and to communicate credibly on these efforts.”

    As a company with a focus on sustainable forestry, Greenwood Management welcomes the news that major firms have committed to this initiative.

    ‘No better time’ to invest in Brazil

    2016 - 10.24

    It’s becoming easier and safer for foreigners to invest in Brazil’s infrastructure, it has been claimed.

    Leading Brazilian politicians said the country’s president, Michel Temer, had embarked on a positive framework for growth that should put Brazil, which is in recession, back on track.

    The politicians were speaking this month at an event organised by London Business School (LBS).

    Addressing LBS’s Brazil Forum, politicians including Moreira Franco and Fernando Bezerra said they were confident the Brazilian economy would recover soon and that the government would secure private investment for key sectors.

    Mr Franco, executive secretary of Brazil’s Investment Partnership Programme, said ex-president Lula da Silva was to blame for the country’s problems.

    “It’s not an exaggeration to say that there’s not one drawer in the economy cupboard that is not messy,” he said.

    “We have committed to making necessary changes, especially to the social security situation. We have approved amendments to the constitution that will balance income, revenue and expenditure.”

    Mr Bezerra, Brazil’s Mining and Energy Minister, said the country wanted to secure private investment for 34 infrastructure and oil and gas projects.

    “We are betting that the Brazilian economy will recover soon and it’s already showing signs,” he said. “We’re optimistic that the market will recognise our efforts.”

    Maurício Quintella, Brazil’s Transport Minister, said: “Brazil is going through the biggest recession in our history because of wrong decisions. But we are now in a new situation with a new president and a new government: it is a new moment. Brazil is listening to the private sector as it never has before.”

    With 200 million inhabitants, Brazil has the seventh biggest GDP in the world.

    Japan PM: Brazil is a great investment opportunity

    2016 - 10.20

    Japan’s Prime Minister has said Brazil represents a significant investment opportunity for his country in what could be promising news for people looking to explore Brazil’s forestry sector.

    Shinzo Abe held a meeting with Brazilian President Michel Term and praised the investment opportunities in the South American country, particularly in the field of infrastructure, Reuters reported.

    The two countries have been holding talks on infrastructure development. Japan is eyeing-up the potential of Brazil’s economy and Brazil is looking for foreign investment to turn around its recession, analysts say.

    “Brazil represents a chance for Japan. In particular, there is a large investment opportunity in the area of infrastructure,” Mr Abe said at a news conference, Reuters reported.

    “I’m really glad we’ve managed to agree to launch talks on infrastructure development.”

    Officials from both countries will explore cooperation plans in areas including transport, logistics, information technology and energy.

    Mr Temer is working on a strategy to pull-in foreign and private investment, last month announcing that licences for operating oil, gas, electricity and infrastructure projects would be auctioned off.

    It’s thought the Brazilian government could allow private firms to run airports, railways and other transport infrastructure as well as build roads and port terminals.

    He’s also on something of a charm offensive as he attempts to smooth relations with Japan, after previous President Dilma Rousseff twice cancelled official trips there.

    The positive moves with Japan come after Brazil signed co-operation agreements with India over agricultural projects, in a move that could be good news for people thinking of investing in timber and timber plantations in Brazil. The two countries will try to advance mutual knowledge in genetic resources, agriculture, animal husbandry, natural resources and fisheries.

    Brazil has a rich, diverse forestry sector that is popular with investors, with 7.7 million hectares of certified forest.

    Brazil and India sign agricultural co-op agreements

    2016 - 10.20

    Brazil and India have signed co-operation agreements to help foster opportunities in the agriculture and pharmaceutical sectors.

    Speaking at a BRICS trade event in Goa, Brazil president Michel Temer said he and Indian prime minister Narendra Modi had agreed to expand relations in these areas.

    In the agricultural field, Brazil’s Agricultural Research Corporation team signed two agreements with the Indian government.

    One will see co-operation with India’s Department of Animal Reproduction, Dairy and Fisheries India on developing bovine genome and assisted reproductive technologies.

    The other, with the Indian Council of Agricultural Research, will expand knowledge in the areas of ​​genetic resources, agriculture, animal husbandry, natural resources and fisheries, signed with the Indian Council of Agricultural Research.

    Agreements in the pharmaceutical industry will see work on product regulation between the National Health Surveillance Agency and the Central Organization of India Quality of Medicines Control Directorate General of Health Services.

    The moves could prove to be good news for people thinking of investing in timber and timber plantations in Brazil.

    Brazil’s economy is largely defined by its forestry – the country has 7.7 million hectares of certified forest and has the third-largest ‘frontier forest’ – forests classed as undisturbed, intact natural forest ecosystems.