Comment: Traders may face reputational risks as deforestation increases in Brazil

Thursday, December 6th, 2018

The changes to environmental regulations that are expected to occur with Jair Bolsonaro’s presidency in Brazil will increase pressure on consumer goods companies, traders and investors to take additional measures to limit their exposure to deforestation, writes Matt Piotrowski of Climate Advisers.

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Boss of world’s largest meat processor arrested again in Brazil in connection with another corruption scandal

Thursday, December 6th, 2018

In early November the Brazilian Federal Police arrested Joesley Batista in connection with Operation Car Wash, one of the largest corruption scandals in Latin American history. Batista is a member of the family that founded JBS, the world’s largest meat processor. The police also arrested Ricardo Saud, a former director at J&F Investimentos, the company that controls JBS, and two former Agriculture Ministers as part of investigations into a graft scheme involving JBS and the Ministry.

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Scientists estimate that deforestation in the Brazilian Amazon could triple under Bolsonaro

Thursday, December 6th, 2018

Simulations conducted by a group of researchers at Brazil’s National Institute for Space Research (INPE) point to a potentially devastating surge in deforestation in the Amazon if the president-elect carries out his most radical promises to undermine environmental and indigenous protections.

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Brazilian Amazon hit by worst deforestation rate in a decade

Thursday, December 6th, 2018

Preliminary figures released by the Brazilian government reveal that deforestation in the Amazon has reached its highest rate in a decade, with the Environment Minister Edson Duarte blaming “organised crime”.

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Battles over the future of protected areas in Rondonia provide a taste of the upcoming struggle to save native forests in Brazil

Thursday, December 6th, 2018

Rondonia, one of Brazil’s most deforested Amazonian states, has been locked in a political and legal battle between its executive and legislative branches over the future of newly-created protected areas.

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Were deforestation and violence in election period a sign of things to come?

Thursday, December 6th, 2018

During Brazil’s latest electoral cycle the country’s media and civil society reported a series of attacks against indigenous leaders and environmental enforcement agencies, as well as an uptick in deforestation in the Amazon. Could these be manifestations of ordinary election fever or the first signs of a new offensive against Brazil’s forests and those who protect them?

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International investment driving land grabbing, human rights violations and environmental destruction in Brazilian Cerrado

Wednesday, October 31st, 2018

A recent report by FIAN International and the Brazilian organisations Comissão Pastoral da Terra and Rede Social de Justiça e Direitos Humanos has drawn attention to the relationship between global finance, land grabbing and agribusiness expansion in one of Brazil’s most threatened biomes, the Cerrado.

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One of Brazil’s most important river basins under pressure from illegal cattle ranching, soy plantations and mining

Wednesday, October 31st, 2018

Increasing levels of deforestation in the Xingu river basin in the Brazilian states of Pará and Mato Grosso have been connected to cattle ranching, soy plantations and gold mining. Much of this deforestation has been illegal and taken place within protected areas, according to analysis from a Brazilian conservation NGO.

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Authorities launch crackdown in Brazil’s Atlantic Forest after recent historical highs of forest loss

Wednesday, October 31st, 2018

Brazil’s environmental enforcement agency and public prosecutors’ offices in 15 states have suspended the operations of plantations and issued millions of dollars in fines after deforestation reached record levels in the Atlantic Forest.

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Ahead of highly anticipated elections, report highlights how global markets help sustain the enormous political power of the agribusiness lobby in Brazil’s congress

Tuesday, September 25th, 2018

A damning report by Amazon Watch has shed light on the commercial links between European and US companies and agribusinesses in Brazil connected to illegalities and the powerful rural lobby in the country’s congress. According to the report, the bancada ruralista – a cross-party political caucus of federal deputies and senators who promote the interests of agribusinesses in congress – has actively worked to benefit the agroindustrial sector in Brazil while undermining environmental protections and indigenous rights, and offering amnesties to land grabbers and illegal deforesters.

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Deforestation connected to illegal cattle ranching, logging and mining continues to accelerate in northern Brazil

Tuesday, September 25th, 2018

More than 10,000 hectares of forest have been cleared in the states of Pará and Mato Grosso in northern Brazil due to illegal cattle ranching.

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Zero deforestation commitments failing to stem illegal deforestation in Brazil, study finds

Friday, August 31st, 2018

Weakened environmental standards, a lapse in law enforcement, and low levels of compliance with zero deforestation commitments led to the loss of more than 90,000 hectares of forest in the Amazon, according to an analysis by the Brazilian environmental watchdog Imazon.

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Beef firm at centre of Brazilian corruption scandal channelled $1.7bn through tax havens

Wednesday, August 29th, 2018

The biggest companies involved in trading commodities driving deforestation in Brazil are channelling money through tax havens, inflating their profits and preventing greater scrutiny of their operations, according to a paper in Nature.

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Cattle ranching driving surge in illegal deforestation in northern Brazil

Wednesday, August 29th, 2018

Almost 13,000 hectares of protected forests were destroyed in the northern Brazilian state of Pará in May and June, according to analysis by the conservation NGO Socio-environmental Institute (ISA).

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World’s largest pension fund dumps shares in beef firm in wake of corruption scandal

Tuesday, July 24th, 2018

The Norwegian state pension fund has decided to divest from JBS on the basis of an investigation earlier this month, on the grounds that there was “an unacceptable risk” that a company is “contributing to or is itself responsible for gross corruption”.

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