New Report: European and North American Companies Support Soy, Cattle, and Timber Companies Responsible for Recent Surge in Amazon Deforestation
Mounting Environmental, Rights Rollbacks and Deforestation in Brazil Traced Back to Companies, Investors in the U.S., Netherlands, Belgium, Germany, France, the UK, Italy, Denmark, and Canada
April 25, 2019
A new report from Amazon Watch shows for the first time how firms that fuel the destruction of the Brazilian Amazon under Brazil's new president openly trade with and receive financing from a range of companies and major investors in Europe and North America. Although these producers of soy, cattle, and timber for export have documented links to illegal deforestation, corruption, slave labor, and other crimes, they nonetheless do business with investors and companies based in countries that are Brazil's three largest trading partners: China, the European Union and the United States.