Today, we look at the financial consequences of Brazil’s nonchalant approach to deforestation. The reduction in the emergency salary for vulnerable populations. And the Bolsonaros’ continuing legal problems.
Pressure mounts as Brazil’s environmental tragedy continues
The Amsterdam Declaration Partnership, a group of eight European nations currently led by Germany, has urged Brazil to take “real action” against deforestation in the Amazon. “While European efforts are aiming at achieving deforestation-free supply chains, the current trend of rising deforestation in Brazil is making it increasingly difficult for businesses and investors to meet their environmental, social, and governance criteria,” the group said in...