Brazil To Launch Low-Carbon
Agriculture Program
BRASILIA - Brazil will launch an
one-billion-U.S.-dollar program to reduce
greenhouse gas emissions in the agriculture
sector, Agriculture Minister Wagner Rossi
said on Monday.
Under the newly-released Agricultural and
Livestock Plan 2010-2011, Brasilia will
invest two billion reais (about 1.08 billion
dollars) in the Low Carbon Agriculture
Program during the 2010-2011 harvest season,
Rossi told reporters.
For the next harvest season, some 3.15
billion reais (about 1.7 billion dollars)
will be earmarked for agronomic practices
that help environmental preservation and
productivity enhancement, he said.
Government loans are also available for
other low-carbon programs such as the
Sustainable Production Agribusiness
Incentive and the Commercial Plantation to
Recover Forests, according to the minister.
Brazil has set a target to reduce the
agriculture sector's carbon dioxide
emissions by 4.9-6.1 percent by 2020.
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