In the aftermath of the report, Bertin, the world's largest beef processor, saw its $90 million loan from the International Finance Corporation withdrawn, while BNDES, Brazil's development bank that funds many activities that drive Amazon deforestation, announced it will soon require processors to trace the origin of beef back to the ranch where it was produced in order to qualify for loans. Marfrig, the world's fourth largest beef trader and one of the firms named in the report, said last month it will no longer buy cattle raised in newly deforested areas within the Brazilian Amazon. Meanwhile a Brazilian federal prosecutor has filed a billion dollar law suit against the cattle industry for environmental damage. Firms that market rainforest-tainted meat may be subject to fines of 500 reais ($260) per kilo.

Cattle ranching accounts for 80 percent of Amazon deforestation and is therefore one of the largest drivers of global forest loss.





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