Guest view: How companies can cut deforestation

Banco Bradesco

20/05/2021 15:10

(The author is a Reuters Breakingviews guest columnist.  The
opinions expressed are his own.)
    By Joaquim Levy
    SAO PAULO, May 20 (Reuters Breakingviews) - Yet more
destruction of the Amazon last year raises climate-change fears.
Former Brazil Finance Minister Joaquim Levy argues the key to
ending this economically unsound treatment of rainforests lies
in a mix of animal-tracing tech, integrated farming and better
use of pastures.
    Full view will be published shortly.
    
    CONTEXT NEWS
    - Joaquim Levy is Director of Economic Strategy & Market
Relations at Banco Safra and a member of The Nature
Conservancy’s Latin America Conservation Council. He served as
Brazil’s Minister of Finance and was president of BNDES, the
Brazilian Development Bank.
    

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Research on deforestation and economic growth    https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3268292/
Bradesco, Itaú Unibanco and Santander press release     https://www.santander.com/en/press-room/press-releases/2020/07/bradesco-itau-unibanco-and-santander-announces-joint-plan-to-promote-sustainable-development-of-the-amazon
Bain and The Nature Conservancy report     https://www.nature.org/en-us/about-us/where-we-work/latin-america/brazil/stories-in-brazil/brazil-path-to-sustainable-cattle-farming/
WRI study    https://wribrasil.org.br/sites/default/files/af_neb_sumarioexecutivo_english.pdf
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 |  Editing by Antony Currie and Amanda Gomez)