Brazilian President cancels $1.5bn of outstanding illegal deforestation fines

26.10.2017

Brazil's congress building, where legislators voted to shelve corruption charges against President Michel Temer Photo: Carlos Martinez/Flickr

Brazil’s President has issued an executive order revoking 60% of outstanding environmental fines imposed on ranchers and agribusiness for illegally clearing forest on their land.

The cancelled fines are worth $1.5 billion, according to the Brazilian Environment Institute. The discount will apply on the condition that firms reinvest the same amount into conservation projects.

President Michel Temer defended the move as intended to attract foreign investment. But opponents accused him of once again capitulating to the interests of Brazilian agribusiness, represented in the lower house of Brazil’s congress by a block of 200 legislators known as the bancada ruralista.

Temer issued the order a few days before the lower house voted to shelve corruption charges against him on 25 October.

More from Blog

Paraguayan leather / Are Italian tannery’s pledges on deforestation enough?

Continue reading
EU Deforestation Regulation / Success of landmark deforestation law far from assured 

Continue reading
EU Law / MEPs must strengthen planned corporate sustainability due diligence law

Continue reading
G7 Sanctions / Cash from "conflict timber" still flowing into Russia and Belarus

Continue reading
Interview / Earthsight spoke to Andrei Sannikov about the urgent need for strong sanctions on Russian and Belarusian timber

Continue reading
Indigenous rights / “We are in mourning, but we carry on with our struggle”

Continue reading
EU Policy / EU agrees on much needed landmark law, but work still needed to fully protect forests and communities

Continue reading
FSC / Crucial reforms blocked by industry actors

Continue reading
The USA / Despite pledges, the US continues to fund deforestation

Continue reading
The Fixers / Key Findings From Earthsight and Mongabay's Investigation

Continue reading

Stay up to date with all Earthsight news & updates

Receive email updates for the latest news and insights from Earthsight and be among the first to read our new investigations.

We keep your data secure and don’t share anything with third parties. Read full terms.