Factsheet: PROPFLORA

PROPFLORA

Key Information
Full name of Instrument & Measure (English): 
PROPFLORA: Programme of Commercial Planting and Recovery Forest
Description: 
PROPFLORA originally called the Commercial Forest Program was established in July 2002 by the Ministry of Agriculture, Livestock and Supply (MAPA), by Resolution 2992 of the Central Bank of Brazil. Resources are BNDES. The funding aims to plant forests, mainly for industrial use. Visa also the restoration and maintenance of preservation areas and legal reserves. Aimed at fostering tree planting and grants credits for up to 35% of the value of a project, with a limit of R$150,000 per beneficiary.
Goal/Aim: 
Aims to plant forests, mainly for industrial use. Visa also the restoration and maintenance of preservation areas and legal reserves.

Sector/Topic targeted:

Responsible Authority: 
Ministry of Agriculture, Livestock and Supply (MAPA Ministério da Agricultura, Pecuária e Abastecimento)

Status:

Trade Relevance: 
Policies ensuring sustainable production of biomass
Year Instrument & Measure Started: 
2002
Year Last Instrument & Measure was last Amended: 
2010