UK supermarkets Tesco, Sainsbury’s and Waitrose this week invested US$ 11 million in the Responsible Commodities Facility (RCF), a new system of financial incentives for farmers in Brazil who commit to deforestation- and conversion-free (DCF) soy cultivation. The RCF will provide finance to 36 farms in the Cerrado region of Brazil, producing 75,000 tons of soy per year (for four years), resulting in the conservation of around 11,000 ha of native vegetation, 4,200 in excess of legal reserves. The Cerrado, which lies mostly in Brazil, is the world’s most biodiverse…
Read MoreUK Supermarkets back zero-deforestation soy initiative
