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Brazil’s São Paulo creates native vegetation reforestation program

RIO DE JANEIRO, BRAZIL - São Paulo governor João Doria, or September 24, announced the "Refloresta SP" program during the São Paulo Environmental event, which aims to reforest 1.5 million hectares of native vegetation by 2050.

The São Paulo state government intends to offer credit lines, implement Payment for Environmental Services (PES) projects, and allocate resources from the new ICMS Environmental law.

The Secretariat of Infrastructure and Environment (SIMA) is in charge of the initiative, in partnership with Desenvolve SP Bank. The goal is to encourage the increase of native vegetation coverage in the state by . . .

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