UK supermarkets push for Amazon soy safeguards after traders abandon ban
Briefly

UK supermarkets push for Amazon soy safeguards after traders abandon ban
"Supporters of the moratorium say its loss could open up an area the size of Portugal unless alternative measures are put in place. The letter states: We are deeply disappointed to see that Abiove, and your company, has now voluntarily withdrawn from the moratorium. Stepping back risks weakening existing deterrents to deforestation, undermines future efforts to develop collaborative protection agreements, and threatens efforts to secure the sustainability of your investments in Brazilian soy production in the face of accelerated climate change."
"Leading British and European retailers are trying to salvage the core elements of the Amazon soy moratorium after the world's most successful forest protection agreement was wrecked by Brazilian lawmakers and abandoned by international traders. In an open letter, high street brands including Tesco, Sainsbury's and Asda say the breakdown this month of the 20-year-old agreement will damage consumer confidence unless new arrangements are put in place to ensure grain production is not linked to deforestation."
"The letter is addressed to the major traders of soy Cargill of the US, Bunge and Louis Dreyfuss of Brazil and the Chinese state-owned firm Cofco. They are members of the Brazilian soy producers' association Abiove, which recently removed its name from the official website of the soy moratorium. Without their participation, conservation groups warn of a free-for-all race to clear land in the Amazon biome despite scientific warnings that destruction of the world's biggest tropical rainforest is approaching a point of no return."
Leading British and European retailers sent an open letter to major soy traders demanding new arrangements to prevent soy-linked deforestation after Brazil's soy moratorium collapsed. The retailers name Cargill, Bunge, Louis Dreyfuss and Cofco as addressees and warn that Abiove's withdrawal and removal from the moratorium website risks a free-for-all land clearing in the Amazon biome. Supporters estimate the loss could open an area the size of Portugal. Retailers including Tesco, Sainsbury's, Asda, Lidl, Aldi, Morrisons, Marks & Spencer and the Co-op commit to uphold the moratorium's core no-deforestation sourcing principle and warn of damage to consumer confidence and investment sustainability.
Read at www.theguardian.com
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