Brazil’s Supreme Court will rule on an injunction against a Mato Grosso law weakening the Soy Moratorium, which is crucial for preventing Amazon deforestation. Leading companies are protesting this legislation due to its potential negative impact on sustainability efforts in agriculture. The Soy Moratorium has been pivotal since its inception in 2006, ensuring deforestation-free soy production.
Brazil’s Supreme Court is set to decide on an injunction regarding a new law in Mato Grosso, the largest soybean-producing state. This law revokes tax incentives for companies that comply with the Soy Moratorium, a vital policy aimed at reducing Amazon deforestation. Major industry players, including Cargill and BioMar, are advocating against this legislation, emphasizing the importance of protecting the Amazon biome.
The Soy Moratorium is essential for promoting sustainable agricultural practices in Brazil and preventing deforestation. The recent legislative changes in Mato Grosso pose a threat to global food supply sustainability and the conservation efforts that have been established over decades. Stakeholders are actively rallying against these changes to ensure the protection of critical ecosystems like the Amazon.
Original Source: www.feednavigator.com