Green investment in Rio to grow following conference?
Date added: 24th February, 2011 at 14:00
(view all articles from February, 2011)
Categories: Rio
Green investment in Rio de Janeiro may become more popular following a conference set to be hosted by the city.
The United Nations Environment Programme (UNEP) is to hold the Rio+20 summit in the area in 2012.
A new report from the organisation, entitled Green Economy, will be showcased at the event.
It details how ploughing two per cent of global gross domestic product into eco-friendly initiatives could be enough to launch the transition into a lower carbon world.
The report also states that the perceived dichotomy between growth and environmental investment is incorrect, highlighting recycling in Brazil, which offers returns of $2 billion (£1.24 billion) per annum, as an example.
As much as $1.3 trillion a year is the amount that should be dedicated to green changes, UNEP said, calling today's policy a "gross misallocation of capital".
The organisation was established in 1972 and has among its remit the assessment of environmental concerns and encouraging sustainable development.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of opportunities for investment in Rio. 
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