Posted by: davidgarnerconsulting | October 6, 2009

Forestry Investment – Less Deforestation in Amazon Reports Brazil

Forestry Investment – Brazil’s commitment to forestry investment has led to a drop in Amazon deforestation in the last year, according to the country’s environment minister.

Carlos Minc told reporters this week the 46 per cent fall in the rainforest’s destruction is down to increased police patrols, and comes in spite of July’s jump in logging.

“Deforestation rates are still very high, but this year we will have the smallest deforestation rate of the past 21 years,” he remarked to Reuters.

Using information from a preliminary report by Brazil’s National Institute of Space Studies based on satellite imaging, the minister estimates that between 8,500 square kilometres and 9,000 sq km were destroyed in the 12 months to July this year.

During the same period in 2008, 12,900 sq km were destroyed.

Although a definitive report using higher-resolution images is due to be published in the coming months, Brazil is expected to present this week’s data at December’s UN climate summit in Copenhagen as evidence of its success in pledging to reduce deforestation.

Last year the Brazilian government launched an international investment fund, managed by the country’s National Development Bank, aimed at tackling deforestation in the Amazon.

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