February 2011

FAO's State of the World’s Forests report says the average rate of loss of forest cover in Central America, which is made up of Belize, Costa Rica, El Salvador, Guatemala City, Honduras, Nicaragua and Panama, was 1.19 percent a year between 2000 and 2010, compared to a global rate of just 0.13 percent.

The region's forested area shrank from 21.9 million hectares in 2000 to 19.4 million hectares in 2010.

Clearing a backlog of credits and convincing small countries they can benefit from the UN's carbon offsetting scheme will be amongst the top priority as the Clean Development Mechanism's (CDM) executive board gathers in Bonn, Germany this week to discuss the future of the scheme.

Graz, Austria, Feb 14, 2011 - International technology Group ANDRITZ and Montes del Plata, a joint venture company of Stora Enso and Arauco, are in advanced negotiations towards concluding a contract for supply of production technologies and equipment for the new pulp mill of Montes del Plata in Punta Pereira, Uruguay (capacity: 1.3 million t/a eucalyptus market pulp). It was agreed not disclose the order value; however typical order values of comparable reference projects are between 750-800 million Euros.