Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022

Closing Out a Successful and Impactful 2021, Brazil Looks Forward to Increasing Foreign Direct Investment (FDI) This Year Across Real Estate, Infrastructure, Stone and Startup Sectors, Among Others.

BRASILIA, Brazil, Jan. 26, 2022 /PRNewswire/ — On the heels of Brazil’s strong investment performance in 2021, Apex-Brasil has projected an even more significant increase in 2022 due to the country’s robust foreign investment attraction and trade promotion efforts. In the coming year, foreign investors will have the opportunity to bid in 139 Brazilian auctions – a 144% increase from the 57 public auctions held in 2021 – in sectors such as transportation, mining, energy and more. According to the projections of the federal government and Apex-Brasil, Brazil’s 2022 portfolio of auctions and concessions will be the largest from any one country in the world, generating an estimated USD $74.4 billion. Continue reading “Brazil Forecasts Blockbuster Year for Global Investment Attraction, Trade in 2022”

Venture Capital Investment In Brazil Reaches $5.2 Billion During H1 2021

Brazilian startups attracted record levels of investment as the ecosystem matures with international funds rushing to seize opportunities in the Latin American country, according to research.

During the first six months of 2021, a total of $5.2 billion was invested in startups based in Brazil, according to numbers released by open innovation network Distrito. By comparison, the total invested in the whole of 2020 – which was considered to be the best year on record for the ecosystem until recently – reached $3.5 billion.

“The success stories and constant unicorn announcements in Brazil are attracting the attention of foreign investors and that feeds back into the market,” says Gustavo Gierun, co-founder at Distrito. While 64% of the deals were concentrated in early-stage rounds, with 234 such investments announced in the first half of 2021, later-stage deals represented the bulk of the invested volume in the first six months of the year. Continue reading “Venture Capital Investment In Brazil Reaches $5.2 Billion During H1 2021”

Brazil’s top court approves controversial forestry law

Brazil’s supreme court has upheld major changes to laws protecting the Amazon rainforest, delivering a blow to environmentalists.

The revision of the 2012 law includes an amnesty programme that scraps penalties for landowners who have cut trees down illegally in the past.

Environmentalists say it will make illegal deforestation of the world’s largest rainforest acceptable.

Farmers say the changes give producers confidence to grow the economy.

The Amazon rainforest is the largest tropical rainforest in the world and home to plant and animal species that are still being discovered by scientists.

Most of its millions of square kilometres are inside Brazil, where under laws dating back to 1965, landowners must keep a percentage of their terrain forested.

That percentage ranges from 20% in some parts of the country to 80% in the Amazon. Continue reading “Brazil’s top court approves controversial forestry law”

Brazil Wants to Get Paid for Protecting the Amazon From Logging

Brazil plans to seek financial compensation for its work to slow deforestation in the Amazon, part of the country’s strategy to reduce carbon emissions under the Paris Agreement.

After doubling spending on efforts to limit deforestation to 120 million reais ($36.6 million) this year, the nation plans to raise the issue at the annual United Nations conference on climate change that starts Nov. 6 in Bonn.

The rapid loss of trees in Brazil and other nations is an important factor in climate change. However, curbing logging and clear-cutting also has an impact on forestry, agriculture and other industries. While much of the international discussions to date have focused on the need to protect forests, Environment Minister Jose Sarney Filho said envoys at the UN meeting should also develop ways to compensate countries for potential economic losses from shielding these areas from development. Continue reading “Brazil Wants to Get Paid for Protecting the Amazon From Logging”

New Analysis Shows Brazil Slows Deforestation with Land Registration Program

Brazil’s environmental land registration program has been successful in slowing down the rate of deforestation on private land, according to a new study.

The study is published in the journal Conservation Letters. Brazil houses nearly 13 percent of the world’s remaining forests, and although its deforestation rate has slowed in recent years, it remains the second-highest contributor to forest loss. However, Brazil has made substantial progress mapping properties for environmental registration, known as CAR (Cadastro Ambiental Rural). First with a handful of state-level systems in the Amazon, and more recently with a national rural land registration system known as SiCAR (Sistema Nacional de Cadastro Ambiental Rural).

Deforestation — the removal of a forest or stand of trees where the land is thereafter converted to a non-forest use — contributes significantly to the greenhouse gas effect, one of the leading causes of warming. The biggest driver of deforestation is agriculture. Farmers cut forests to provide more room for planting crops or grazing livestock.

The program’s success provides a potential pathway toward mitigating climate change, said Jennifer Alix-Garcia, an economist in OSU’s College of Agricultural Sciences and the study’s lead author. The CAR allows landowners a way to demonstrate compliance with environmental regulations and it also provides a mechanism for the government to monitor land-use, she said.

Continue reading “New Analysis Shows Brazil Slows Deforestation with Land Registration Program”

Brazil’s renewable energy potential attracts investors

In João Camara, a remote area in Brazil’s north-east, the car in which I am a passenger drives beneath a great row of wind turbines in João Camara, halting at one of the looming towers that make up this wind farm. João Aysllan de Souza Ramos, maintenance and operations supervisor with Atlantic Energias Renováveis, jumps out of the driver’s seat and beckons me over to a flight of stairs that leads to the bottom level of the tower. We climb up to take a look, but no further — visitors like me are not permitted to take the elevator up to the turbine above. I catch sight of a mechanic; his colleague is at work higher up in the tower. The turbine itself, in its casing, is the size of a small apartment. As Ramos and I stand directly underneath the turbine, there is only the eerie whooshing sound of the 59m-long rotor blades and the constant wind in this part of Brazil, the arid coastal hinterland of Rio Grande do Norte, about 80 kilometres from the state capital Natal. “This is the energy of the future,” says Ramos. Atlantic operates two wind farms in the region, their combined total of 30 towers generating 60MW of power. The area has some of the best winds in the world for electricity generation, he says. Continue reading “Brazil’s renewable energy potential attracts investors”