Brazil Slams EU Deforestation Law for Lacking Understanding
Brazilian authorities have expressed strong disagreement with the recently passed European Union law concerning deforestation and sustainable management of natural resources. Brazil's Minister of Environment, Marcos Pereira, stated that the law is essentially a trade barrier that fails to take into account the realities faced by resource-rich countries. According to him, such measures undermine the economies of developing nations and exacerbate existing environmental protection issues.
Continue readingInvestors Pressure Banks Over Client Exposures to Deforestation
Recent research has shown that many of the world's largest banks are under pressure from investors concerned about the impact of their client exposures on deforestation and environmental violations. This concern comes amidst growing fears over climate change and the increasing adoption of sustainable investment practices.
Continue readingGlobal Coffee Supply Risks and New Deforestation Rules
A recent analysis of the global coffee market has revealed potential risks that could significantly impact the supply of this essential commodity. With the rising demand for coffee, the resources necessary for its production are becoming increasingly constrained. Not only does climate change affect yields, but new environmental regulations may limit the areas available for coffee cultivation.
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