Rabobank says it has a “zero tolerance policy” to deforestation. But research by the FD shows that the bank did business with hundreds of farmers who have been classified as illegal deforesters.
This is the Cerrado, a nature reserve in Brazil that scientists believe is at least as valuable as the Amazon rainforest. Like the Amazon, this area is also being rapidly deforested to make way for agriculture and livestock farming. Every summer, the Cerrado alight.
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