Agribusiness-friendly states in Brazil try to undo forest protections [Yahoo! Finance]
Bunge Limited Common Shares (BG)
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Source: Yahoo! Finance
Their efforts run counter to those of President Luiz Inácio Lula da Silva, who returned to power last year and has made significant strides in curbing Amazon deforestation. They also threaten Brazil's commitment to halt deforestation by 2030. Loss of forest is the country's largest source of carbon emissions. “We are detecting a well-coordinated wave of setbacks. The efforts to reduce deforestation remain highly fragile in some regions,” said Alice Thuault, executive director of Instituto Centro de Vida, an environmental nonprofit based in Mato Grosso state. A coalition of organizations that keeps watch on supply chains, the Accountability Framework initiative (AFi), also referred to the trend as “a major setback.” Brazil's nine Amazonian states are crucial for preserving forest. Together, they manage almost 220,000 square miles (564,000 square kilometers) of conservation lands and 12,600 square miles (32,600 square kilometers) of public forests that have no protective designatio
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News
- Environmental groups condemn new laws threatening soybean restrictions in Brazil's Amazon [Yahoo! Finance Canada]Yahoo! Finance Canada
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BG
Earnings
- 10/30/24 - Beat
BG
Sec Filings
- 12/9/24 - Form 8-K
- 12/5/24 - Form 8-K
- 12/3/24 - Form 4
- BG's page on the SEC website