The multinational companies that industrialised the Amazon rainforest

1 year ago 57

Analysis shows handful of corporations extract tens of billions of dollars of raw materials a year – and their commitments to restoration vary greatly

A handful of global giants dominate the industrialisation of the Amazon rainforest, extracting tens of billions of dollars of raw materials every year, according to an analysis that highlights how much value is being sucked out of the region with relatively little going back in.

But even as the pace of deforestation hits record highs while standards of living in the Amazon are among the lowest in Brazil, the true scale of extraction remains unknown, with basic details about cattle ranching, logging and mining hard to establish despite efforts to ban commodities linked to its destruction.

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