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The Beneficiaries of the Amazon Fires

WHILE the world watches in horror as fires rage on in the Amazon, activists are shining a light on the big businesses destroying what’s popularly known as the “lungs of the Earth.” On September 5, people around the globe stood in solidarity with the rainforest’s indigenous communities by partaking in the Global Day of Action for the Amazon, staging protests and singling out the bad actors profiting off deforestation.

In Washington, D.C., protesters chanted “Put out the flames, we name your names — politicians, corporate vultures, you’re the ones we blame,” as they marched from the White House to the Brazilian Consulate. Activists around the world have been protesting Brazilian President Jair Bolsonaro, who has steadily rolled back indigenous land rights and environmental protections from his very first hours in office. A coalition — which includes Amazon Watch and Friends of the Earth, among others — is also putting pressure on the multinational corporations turning a profit off the destruction of the Amazon.

Amazon Watch, a California-based organization that works in concert with indigenous and environmental groups, issued a report earlier this year documenting the dozens of companies that stand to make money as Bolsonaro strips regulations in Brazil. The report, titled “Complicity in Destruction,” highlights the main drivers of deforestation — from soy and beef commodity traders like Cargill and JBS, to their financiers in North America and Europe, like BlackRock, Santander, and JP Morgan Chase. And research from Mighty Earth has documented the retailers most associated with those traders, like Costco, Walmart, and Ahold Delhaize — which owns Stop & Shop, Giant, and Food Lion.

READ more https://truthout.org/articles/activists-follow-the-money-fueling-the-amazon-fires/

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Article first published in Truthout. 

 

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