Banks| Policies| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Jobs at BankTrack
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2023-01-23 00:00:00
Berta Cáceres: new rules for banks could help stop defender killings
2023-01-16 00:00:00
In the balance: Why European due diligence legislation must cover financial services
2022-12-08 00:00:00
Exposed: Western banks funding Qatar’s carbon bombs
2022-12-08 00:00:00
Right-wing attack on sustainable finance is the latest form of climate denial
2022-12-14 11:08:26
HSBC announces it will no longer finance new oil and gas fields
2022-10-13 15:56:39
More major banks and insurers refuse to support EACOP
2022-09-16 10:38:48
European Parliament passes emergency resolution against human rights violations & environmental threats linked to EACOP
2022-06-27 09:49:16
Crédit Agricole takes first step to phase out from the oil and gas sector
Connect
2022-11-22 00:00:00
Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
See all publications
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Home › News
Complicity in Destruction II
How northern consumers and financiers enable Bolsonaro's assault on the Brazilian Amazon
Start
Dodgy Deals

By: Amazon Watch
2019-04-25

Share this page:

Photo: Amazon Watch
Go to:
Start
Related Dodgy Deals

Download the report here

As the world's largest rainforest, the Amazon provides 20% of our oxygen, houses 10% of the planet's biodiversity, and helps stabilize the global climate. The world needs it to survive. None understand this better than the indigenous peoples and traditional communities who call it home, and are proven to be its best stewards.

Despite their importance, the Brazilian Amazon and its peoples are suffering the worst assault in a generation. Deforestation is mounting dramatically while hard-fought environmental and human rights protections, critical to the future of the rainforest, are under serious attack. Indigenous peoples and traditional communities themselves suffer disproportionate violence and repression for defending their rights and forests.

The ascension of the extreme right-wing politician Jair Bolsonaro to Brazil's presidency profoundly exacerbates the country's environmental and human rights crisis. Since taking power, his government has slashed socio- environmental standards that are fundamental to preserving the Amazon's ecological integrity and the well-being of forest peoples. Bolsonaro's severe policy rollbacks are occurring in the context of a generalized attack on the country's democratic principles and institutions.

A dominant, conservative faction of the country's powerful agroindustrial sector known as the “ruralistas” is helping drive Bolsonaro's Amazon agenda. Working from within Bolsonaro's government, industry representatives are stripping protections for forests and land rights in order to gain unfettered access to areas currently safeguarded from industrial activity. Their success would spell disaster for Brazil's Amazonian forests and the indigenous and traditional peoples who call them home, while jeopardizing the global climate.

The political and economic power that sustains these retrograde actors is provided in large part by global market actors: commodity traders, financiers and consumers. European and North American businesses that finance and source from Brazilian businesses connected with today's rollbacks therefore enable Brazil's socio-environmental landscape to be reshaped to our collective detriment.

The crises facing the Amazon require innovative solutions that address the root of the problem. By identifying the worst actors operating in the Brazilian Amazon and the global companies and financial institutions that enable them, we can build new forms of leverage over these actors and press for reform and accountability on the part of the Bolsonaro regime.

To challenge adversaries in the federal government and private sector, Brazil's National Indigenous Mobilization (MNI) has called for a global boycott of Brazilian commodities associated with human rights abuses and environmental destruction. The MNI requests solidarity from international community to support these efforts, which aim to leverage global markets in order to moderate the behavior of the agroindustrial sector, as a means to halt Bolsonaro's assault, ultimately protecting and restoring environmental safeguards and human rights.

Global solidarity with Brazil's movement for social and environmental justice is more critical now than ever. While we acknowledge the North's oversize role in environmental mismanagement, human rights abuses, and climate change, we believe that through informed choices, the European and North American private sector and engaged citizens in the region can considerably influence the destructive agenda of the Bolsonaro government.

This news story was reposted from the original at AmazonWatch.org

Go to:
Start
Related Dodgy Deals

Related Dodgy Deals

Companies

active

Bunge United States

Agriculture for Food Crops | Agriculture for Palm Oil
target

JBS Brazil

Beef Industry | Commodities Trading
active

Marfrig Brazil

Beef Industry | Commodities Trading
There are no companies active for this item now.
on record

Cargill United States

Agriculture for Food Crops | Agriculture for Palm Oil
on record

Louis Dreyfus Company Netherlands

Agriculture for Biofuels | Agriculture for Food Crops | Agriculture for Industrial Crops | Chemical Manufacturing | Commodities Trading
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted