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Brazilian state law overturns soy moratorium that helped curb Amazon deforestation

  • Mato Grosso passed a law ending incentives for soy processing and trade companies, impacting a long-standing effort to reduce Amazon deforestation.
  • The Soy Moratorium, created in 2006, linked soy from deforested areas to U.S. Companies like Cargill and Bunge.
  • Governor Mauro Mendes approved the law on October 24, with an effective date of January 1, 2025.
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