"Between 2016 and 2021, banks invested US $37.7 billion in credit to 24 mining companies at high risk of generating deforestation and human rights violations in the world's three largest rainforest areas. Banks from the United States, Japan and Canada are among major funders. In November 2021, Vale, the largest Brazilian company in the sector, had 75 active overlapping claims on Amazon indigenous lands registered with the National Mining Agency (ANM).
This is what the data released this Tuesday, April 12, by the international coalition Forestry and Finance show, revealing the financial flows of credit and investments of these mining companies.
To encourage the use of this research tool, Repórter Brasil launched the second edition of the contest, which offers two grants of R$ 5,500.00 (about US $25,800) for the production of reports on those who finance economic activities with serious socio-environmental impacts, using the platform's database Forests and Finance."
Read the original call for submissions (in Portuguese)
