Brazil Amazon Deforestation Hits Lowest Level in 40 Years

World4 days ago

Government data released Friday indicates that forest clearing in the Amazon plummeted by 41.8% over the past 12 months. This decline represents the lowest rate of deforestation ever recorded in the region's history and the lowest volume of tree loss in nearly 40 years.

The statistics arrive days before a presidential runoff election between incumbent Luiz Inácio Lula da Silva and challenger Flávio Bolsonaro. Lula has made the protection of the rainforest a central pillar of his platform and is using the data to claim success on a key campaign issue.

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Brazil Amazon Deforestation Hits Lowest Level in 40 Years

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Amazon rainforest Brazil Luiz Inácio Lula da Silva Flávio Bolsonaro

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Mapped to your portfolio

Possible scenarios

45%Durable Amazon Gains+0.1%
25%Political Backlash Builds-0.0%
20%Fragile Plateau Emerges-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.