The Government of Brazil is auctioning off native forest for a “sustainable management” of resources. This involves 453 thousand hectares, aiming to promote environmental conservation and economic development in the region.
This initiative is part of the country’s efforts to balance the exploitation of natural resources with the preservation of its ecosystems.
Brazil auctions forest: details of the concession
The concession will cover a vast expanse of lands in national forests, allowing selected companies to manage natural resources sustainably.
The valuable resources of Brazil’s native forests.
It is expected that this measure will generate economic and social benefits for local communities, while contributing to the conservation of biodiversity.
The initiative aims to achieve:
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Environmental conservation: ensuring the protection of ecosystems and biodiversity in the region.
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Economic development: promoting sustainable economic activities that create jobs and improve the quality of life of local communities.
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Education and awareness: promoting environmental awareness and education on the importance of conserving natural resources.
How the bidding process will be
The auction will be managed by the competent authorities, following a transparent and competitive process.
Thus, interested companies must meet the established requirements and submit proposals demonstrating their ability to manage the resources sustainably.
The initiative was welcomed by environmental organizations and local communities with optimism. They hope that the sustainable management of these valuable resources will lead to lasting benefits for the environment and society.
The area, as detailed by Agencia Brasil, was divided into four Forest Management Units.
The four lots were awarded at the Sao Paulo Stock Exchange on Wednesday and can be sustainably exploited for 37 years.
According to the Ministry of Environment and Climate Change, the concessions are expected to generate annual revenues of 32.6 million reais and about 2800 direct and indirect jobs.
