Brazilian Companies Join Call for Action on Amazon Deforestation

Reuters

A group of 39 companies, including some of Brazil’s largest firms, expressed concerns over deforestation in the Amazon rainforest on Tuesday, following global investor demands that President Jair Bolsonaro end the destruction or risk divestment. Deforestation of Brazil’s rainforest climbed 34 percent in the first five months of 2020 from a year ago after hitting an 11-year high in 2019, government data shows.

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