Rio de Janeiro, 23 November 2016 – BVRio Environmental Exchange (www.bvrio.org/timber) launched today the Responsible Timber Exchange (www.bvrio.com/madeira/negocio/negocio/lista.do), a trading platform to assist traders and buyers of timber in sourcing legal or certified products from all over the world. The platform is integrated with a Due Diligence and Risk Assessment System, to facilitate the screening[...]

The direct acquisition of Forest Reserve Credits as a REDD+ strategy could result in significant emission reductions (over 100 billion tCO2) at very low costs (less than U$ 0.20/t CO2), while promoting the implementation of the Brazilian Forest Code – a new law with potential to transform the rural landscape in Brazil. International REDD finance[...]

Recognition of the value of forests for the fight of climate change is resulting in a revival of activities related to REDD+. Over the last few years, a series of high profile REDD+ initiatives have been proposed and pursued, adopting different approaches that range from zero deforestation pledges (e.g., Consumer Goods Forum, New York Declaration[...]

BVRio becomes the first organization worldwide that adopted the Regis blockchain technology for building their decentralized registries of timber trading records Blockchain is a distributed database that maintains a continuously-growing list of data records protected against tampering and revision. It is the technology used for the creation and trading of bitcoins, but its uses are much more[...]

The Brazilian timber sector is responsible for the extraction of more than 13 million m3 of hardwood logs from Amazonian rainforests. These logs, in turn, feed a wood processing industry that around R$ 8 billion in annual revenue. However, the importance of the timber sector has decreased, with decreasing timber volumes and revenue generated. The[...]

Given their importance for facilitating compliance and implementation of the new Brazilian Forest Code, there is an urgent need to create the necessary conditions for using the Forest Legal Reserve Compensation Mechanisms of the Code. In particular, it is essential that these mechanisms be regulated by state and federal government agencies, as without it, these[...]

In 2012 the new Brazilian Forest Code (Forest Law 12.651) was adopted after a long and exhausting political process. Like most existing laws in Brazil, the Forest Code is not perfect. Consequently, a series of demands for changes and alterations have been raised by, on one side, rural landowners and agribusiness, and on the other[...]