Americas > Timberland management firm’s LATAM reforestation fund reaches $500 mln, as Petrobras steps up Amazon investment

Timberland management firm’s LATAM reforestation fund reaches $500 mln, as Petrobras steps up Amazon investment

Published 10:49 on November 15, 2024  /  Last updated at 10:49 on November 15, 2024  / /  Americas, Nature-based, South & Central, Voluntary

The timberland management division of a Sao Paulo-based investment bank has reached $500 million for its Latin American reforestation fund, while Brazilian oil giant Petrobras has pledged increased funding for ecological restoration in the Amazon in partnership with the country's development bank.
The timberland management division of a Sao Paulo-based investment bank has reached $500 million for its Latin American reforestation fund, while Brazilian oil giant Petrobras has pledged increased funding for ecological restoration in the Amazon in partnership with the country's development bank.


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