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Brazil Auctions Land for Reforestation, Targets 30 Million Acres

3/27/2026

25 4 Full Breakdown

Summary

Story summary

On March 26, 2026, Brazil auctioned its first public land concession for reforestation to startup Re.green.
The company will restore a 145,000-acre Bom Futuro reserve plot for 40 years, earning 0.7% of carbon credit revenue, projected at about $2 million annually.
Environment Minister Marina Silva linked the project to Brazil's aim to reforest 30 million acres by 2030 and to auction 750,000 acres by 2027.

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Story summary

On March 26, 2026, Brazil auctioned its first public land concession for reforestation to startup Re.green.
The company will restore a 145,000-acre Bom Futuro reserve plot for 40 years, earning 0.7% of carbon credit revenue, projected at about $2 million annually.
Environment Minister Marina Silva linked the project to Brazil's aim to reforest 30 million acres by 2030 and to auction 750,000 acres by 2027.