Brazil’s soya moratorium slowed Amazon deforestation. Now it’s challenged
Summary
In Brazil, a soya moratorium agreement has been protecting the Amazon from deforestation since 2006. Recently, this agreement faced a challenge as the Brazilian competition regulator began investigating it, causing uncertainty about its future. The investigation is paused until a court decision expected in mid-November.Key Facts
- The soya moratorium started in 2006 to stop buying soya from deforested land after 2008.
- The Brazilian competition regulator, CADE, began investigating the moratorium for anti-competitive practices.
- A judge temporarily halted the investigation, and the Supreme Court will review the case between November 14 and 25.
- The moratorium has reduced Amazon deforestation significantly, according to research.
- Expanding soya cultivation can increase land prices and encourage deforestation indirectly.
- Clashes on this issue are happening as the COP30 Climate Change Conference begins near the Amazon.
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