ABIOVE - Associação Brasileira das Indústrias de Óleos Vegetais

Soy Moratorium

On July 2006, ABIOVE (Brazilian Vegetable Oil Industry Association) and ANEC (Brazilian Grain Exporters Association), and their respective member companies, pledged not to trade and finance soy originated after that date in deforested areas within the Amazon Biome.

This unique initiative, known as the “Soy Moratorium”, seeks to reconcile environmental preservation with the region's economic development, through the responsible and sustainable use of Brazil's natural resources. It also answered questions brought by environmental groups and Brazilian clients abroad regarding new rules to the sustainable production and commercialization of soybean and its by-products.

In the last five years the monitoring of the Soy Moratorium showed evidences that the soybean cultivation has a minimal participation in the deforestation made after July 2006 in the Amazon Biome areas as can be seen in the article published in the Remote Sensing (http://www.mdpi.com/2072-4292/3/1/185/) Therefore we can state that the soybean production expansion has no impact in the deforestation of the Amazon Biome.

Statements and Renewals

Europeans pleased with the renew of the Moratorium
The companies of the European Soy Customer Group are pleased by the announcement made by the Brazilian Soy Working Group to continue their efforts and to extend the moratorium for a further year.

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Monitoring of Soy Moratorium - Eleventh Years
Monitoring 98% of the entire area with soybean cultivation influence in the Amazon biome in 11 years of Soy Moratorium.

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