BlackRock’s $400m Stake in Amazon Meatpackers Defies Sustainability Cred

by Fernanda Wenzel, Pedro Papini, and Naira Hofmeister / Mongabay Wall Street fund manager BlackRock administers 2.2 billion reais ($408 million) in shares in the three largest Brazilian meatpackers operating in the Amazon today. The cattle purchase and slaughter operations of JBS, Marfrig and Minerva involve 6.9 million hectares (17 million acres) of land at […]

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Fires Surge in the Amazon as Deforestation Slows

by Rhett Butler / Mongabay Deforestation in the Brazilian Amazon was more than 20 percent lower for the second straight month relative to the prior year according to data released today by Brazil’s national space research institute INPE. But forest loss in the world’s largest rainforest remains well above the average of the past decade. […]

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