AMAZON FIRES AND AGRIBUSINESS

ENVIRONMENTAL CRISIS IN BRAZIL

The year of 2019 has been marked by major environmental disasters in Brazil. In January, the collapse of Vale’s dam in Brumadinho-MG repeated the situation seen in Mariana-MG in the end of 2015, which resulted in high human losses. The escalation in deforestation and fires in the Amazon biome led to potential impacts on the country’s agribusiness sector. Another recent event was the oil spill spreading along the northeast coast of Brazil.

In this material, INTL FCStone's Market Intelligence team comments on the Amazon fires, its international repercussions, the possible economic impacts, and how Brazil can reconcile environmental conservation and agribusiness development.

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