Escalating tensions between the Mapuche people and Chile's government following a spate of devastating forest fires reveal the high cost of policies that champion multinational corporations by subordinating environmental protection to market growth.
As part of its aggressive push to reduce greenhouse gas emissions and advance sustainability, Colgate has signed a 15-year commitment with Patagonia Sur to purchase forestry-based carbon offsets. Under the agreement, a total of 225,000 native-species trees will be planted on 430 acres of land in Chile’s Aysén Region of Patagonia.
The Puerto Montt appeals court last week unanimously confirmed the verdict against rightist political leader Nelson Schwerter for illegal logging and trading of ancient Alerce trees.
Investing experts are predicting that Brazil will be joined by Chile in leading the way for new, profitable investment opportunities in South America.
The abundant natural resources in Brazil – including timber and minerals – as well as the planned work to give it a global quality infrastructure, a strong currency and excellent showing during the global recession, have made it an attractive prospect for wealth creation opportunities.
SANTIAGO -(Dow Jones)- Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said Tuesday.
Arauco, through a joint-venture company with European pulp producer Stora Enso Oyj (SEOAY, STERV.HE), is moving forward in its plan to build a pulp plant in southern Uruguay, Bozzalla told reporters on the sidelines of a forestry sector seminar.
SANTIAGO -(Dow Jones)- Increasing demand from China and other emerging Asian markets will drive Chile's forestry industry in coming years, said a panel of industry executives Tuesday.
Chile's forestry sector, which produces wood boards, plywood and pulp, accounts for 8% of global forestry exports. It is also the Andean nation's second-largest exporting industry, just behind mining, and contributes 3% of the country's gross domestic product.
Chile’s forestry industry could increase wood production over 30% in the next fifteen years, as the sector significantly expands its land holdings, Hans Grosse, head of state forestry agency Instituto Forestal (Infor), said. The nation’s forestry sector, which produces 8% of the world’s wood pulp, currently owns 2.3 million hectares of plantations. Expansions could include the acquisition of 7.5 million hectares of native forest and the addition of two to three million hectares of new plantations.
Washington - During a meeting with Chilean media in Santiago this month, the United States' special envoy on climate change, Todd Stern, was peppered with questions about last year's United Nations climate negotiations in Copenhagen and what the world should expect for the talks in Cancún, Mexico, late this year.
June 2 (Reuters) - Chilean forestry and paper company CMPC CAR.SN said Wednesday a worker strike over pay had paralyzed its biggest sawmill in south-central Chile.
CMPC's Mulchen plant, one of the company's three operating sawmills, produces between 350,000 to 400,000 cubic meters of sawed wood a year. The three mills together usually produce around 1 million cubic meters of sawed wood a year.
The company has a fourth sawmill that has been out of action since early 2009.
