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Environmental, Campaign & Website News > Brazil's national development bank found guilty of driving Amazon deforestation

Brazil's national development bank found guilty of driving Amazon deforestation

Date : 25th October 2010, Source : Mongabay



BNDES, Brazil's national development bank, contributed to Amazon deforestation by lending billions of dollars to commercial meatpackers, driving expansion of cattle ranching across the world's largest rainforest, ruled an audit by the Federal Audit Court.

http://news.mongabay.com/2010/1025-bndes_amazon.html





Document last updated on Tuesday 30 August 2011

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