Market Diversification - Indonesia is exploring new markets like North Africa for its small-scale coffee and cocoa farmers [1] - This is due to the risk of losing access to the EU market under the EU's new deforestation rules [1]

Core Insights - The financial sector has provided over $425 billion in financing to companies contributing to deforestation over the past decade, with $72 billion allocated in the last 18 months alone [1][2] - The increase in lending to forest-risk commodity companies has coincided with significant deforestation, with a record loss of 6.7 million hectares of tropical and boreal forests last year [3] - Major banks, particularly Banco do Brasil, are leading in financing these sectors, with nearly $8 billion provided in the first nine months of this year [4] - Asset managers have increased their investments in forest-risk commodities by $7.8 billion over the past decade, totaling approximately $33 billion by the end of September [5][6] - The report calls for regulatory changes to prevent banks and investors from profiting from deforestation and human rights violations [7][8]

Banks have arranged more than $425 billion of financing for the companies most responsible for deforestation over the past decade https://t.co/p4pIri2UWs ...

RT Bloomberg Live (@BloombergLive)"Eliminating deforestation is absolutely key and Brazil has been making progress quickly," CEO of @JBSFoodsUsa Gilberto Tomazoni at #BloombergGreen #COP30.⏯️ https://t.co/jngaNSvQYo https://t.co/AmZzo4JXsH ...

Environmental Impact - Brazil reports a drop in Amazon deforestation [1] - This drop is a surprise after record wildfires last year [1] Event Context - The report is timely, occurring just before COP30 [1]

Environmental Impact - Brazil's forest clearing rate under Lula is exceeding that of Bolsonaro [1]

Luiz Inácio Lula da Silva’s government has its own incentive to halt deforestation. It knows that destroying the rainforest would cripple Brazilian agriculture https://t.co/JCcoR1Aovq ...

Scientists worry that the rainforest is approaching a tipping point beyond which its water-transport system will no longer sustain it, let alone Brazil’s farmers. The benefits of preserving it are clear https://t.co/MTvKPNUwad ...

Ese es el corte. Uno sentía tristeza cuando veía estas imágenes. Entonces, los que generalmente más se benefician son realmente los maderos, ¿no.vienen vinculados a alguna extorsión y tienen plata y y las comunidades algunos dicen, "No, pero hay mucha presión, han habido amenazas, fallecidos incluso." No, no, no existe ninguna carretera en la Amazonía que beneficie. No existe. Eso es una trampa.Creo que creo que podemos ir rápido. Están vigilando. Atrás están.saying there's some potential danger being here. ...

Environmental Impact - Destroying the world's largest rainforest is environmentally devastating [1] - Destroying the world's largest rainforest is economically unrewarding [1] Trade Implication - The situation suggests a trade [1]