AGU charges more than $520 mm from Amazonian deforesters

In recent months, the Amazon Advocacy Task Force (AGU) has filed 114 public civil actions to charge more than R$2.6 billion ($520 mm) in environmental violations. The lawsuits reached approximately 230 accused of the devastation of 135,000 hectares of Legal Amazonia. Justice has ordered the blocking of more than R$776 million ($155 mm) in assets and values of large deforesters.

Source: Veja

Sale of energy distributors is on the radar of privatisation for 2021

Privatisation in the electricity sector is on the radar of government and investors in 2021, a year of little influence from electoral disputes affecting the calendar. In a scenario of low interest rates, the focus is on the advancement of the privatisation process of Eletrobras, the sale of the distribution and generation and transmission units (GT) of the state-owned CEEE, the amapaense distributor CEA, and possible advances in the privatisation of Cemig.

Source: UOL Economia

Infrastructure projects reduced agricultural shipping by 11% in value

According to the Ministry of Infrastructure’s annual balance sheet, 1,259 km of roads were built throughout the year, resulting in an average 11% reduction in the value of agricultural transport, the ministry said, based on studies by the Planning and Logistics Company (EPL). The Ministry of Infrastructure delivered 86 priority projects in 2020.

Source: Portal do Agronegocios

Sustainable development in the Amazon is the subject of an international forum

Sustainable development will be at the centre of the debates at the World Forum Amazonia + 21, promoted by the Federation of Industry of the State of Rondonia, with support from CNI. The debates will bring together experts from different parts of the world and will point the way to the promotion of the bio-economy, innovation, forest management, clean energy and green jobs.

Source: Veja

Privatisation will help protect the environment in Brazil

The government wants to include the privatisation and concessions program in the list of efforts to protect the environment. According to the government, building infrastructure through concessions and privatisation represents a favourable strategy for the environment, at a time when investors are tightening the siege on environmental policies and increasingly seeking ESG portfolios.

Source: Exame

Fund has $68mm to finance strategies in CLFI for Brazilian producers

The Sustainable Agriculture Finance Facility (SAFF) will offer to Brazilian producers credit to adopt or expand the use of Crop-Livestock-Forestry Integration (ILPF) strategies. In the first year, it will provide $68 million in funding, of which $62 million in producer credit and $6 million to finance certification programmes, research, technology transfer, technical assistance and certification.

Source: Agencia Estado