Top court upholds deal banning purchase of soy from deforested areas

Brazil’s Supreme Court on Wednesday (Aug. 12) ruled to uphold the so-called Soy Moratorium – an agreement signed 20 years ago by leading companies in the sector to prevent the purchase of soybeans from deforested areas. By a majority vote, the court’s full bench ruled that the private agreement among companies is in accordance with the Constitution and helps preserve the environment. Notícias relacionadas: Amazon deforestation falls 36.87% over past year. Brazil launches BRL 525.1B Crop Plan…