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The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1] [2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
The Rio Madeira Sustainable Yield Forest (Portuguese: Floresta de Rendimento Sustentado Rio Madeira) is a set of managed forests in the state of Rondônia, Brazil. Three sectors, A, B and C, were created in 1990 but only sectors B and C remain. The forests have not been managed in a sustainable manner.
Over half of Madeira's plant species are also found in the Mediterranean Basin. [3] Before Madeira was settled, laurel forests, known as laurissilva covered most of the island. Laurissilva now covers 16 % of the island, and is found between 300 and 1,300 metres (980 and 4,270 ft) elevation on the Madeira's wet north-facing slopes, and from 700 ...
Madeira was also the host of the 2003 World Handball Championship. The Rally Vinho da Madeira is a rally race held annually since 1959, considered one of the biggest sporting events on the island [147] It was part of the European Rally Championship from 1979 to 2012 and the Intercontinental Rally Challenge from 2006 to 2010.
As of 2021, Madeira had a total population of 245,595. The island is the top of a massive submerged shield volcano that rises about 6 km (3.7 mi) from the floor of the Atlantic Ocean. The volcano formed atop an east–west rift [ 1 ] [ 2 ] in the oceanic crust along the African Plate , beginning during the Miocene epoch over 5 million years ago ...
The Laurisilva of Madeira (Portuguese: Floresta Laurissilva da Madeira) is a natural place declared a World Heritage Site by UNESCO in 1999. [1] It is considered a very valuable relic, due to its size and quality, of the laurisilva, a type of laurel forest that was very abundant in the past and is practically extinct today. It is believed to be ...
Groundwater on Madeira is held in fractured volcanic rock aquifers, with widely varying transmissivity and dissolved mineral content. Water is generally slightly acidic to slightly alkaline and cold, although there are small quantities of thermal water near fault zones. Much of the water on the island comes from high-discharge springs. [5]
The Madeira Natural Park (Portuguese: Parque Natural da Madeira) is a large biological reserve in Madeira with a unique endemic flora and fauna. It was created in 1982 to safeguard the natural heritage of the archipelago, and contains a number of endangered species including global rarities such as Zino's petrel.