Italian oil and gas company Eni has announced plans to establish plantations over an area of 8.1 million hectares in Africa. The proposal is part of the company’s plans for greenhouse gas emissions from its exploration and production operations to be “net zero” by 2030.
“It’s very attractive. The earnings are very high and we’ve got hybrid material now. You harvest in the 24th month, and the repayment period is about seven years at the most… For the next 20 years it’ll be laughing yourself all the way to the bank.”
In 1992, Ali Hassan Mwinyi, then Tanzania’s president, agreed a deal with Brigadier Mohamed Abdul Rahim Al Ali, deputy minister of defense of the United Arab Emirates. But this wasn’t only a military deal.
At the end of September 2015, Brazil submitted its Intended Nationally Determined Contribution to the UNFCCC. The introduction to the INDC states that Brazil is committed respecting human rights, including those of indigenous populations.