: :inin Kyiv (EET)

Brazil’s Lack of Property Rights Stoking Conflict, Deterring Investment


In Brazil’s Amazon where no-one knows who exactly owns a swathe of territory the size of Ukraine, a lack of formal property deeds is causing conflict, greater deforestation and environmental damage, researchers said on Tuesday.
An area of 60 million hectares in Brazil’s Amazonas state, 40 percent of the state’s total area, is classified as vacant public land and lacks formal title deeds, the Climate Policy Initiative (CPI) said.
Without clear titles proving land ownership, farmers have less incentive to make new investments, improve productivity or protect the environment, said the CPI, a San Francisco-based group with operations in Rio de Janeiro.
“There …read more

Source: The News

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