Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      ‘Very concerned’: City watchdog scolds motor finance lenders over £9bn redress scheme

      FCA sign

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Dallas, Boston, New York New Jersey: Inside England’s Fifa World Cup stadiums

      Getty Images logo against a sleek, modern background, representing the influence of media in the business world

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Glengarry Glen Ross at the Old Vic fails to close

      Glengarry Glen Ross production at Old Vic Theatre showcasing intense business negotiations and dramatic performances

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 08 March 2021 2:46 pm

Two-thirds of world’s original rainforest now destroyed or damaged

By: Millie Turner

Add as a preferred source on Google

An estimated two-thirds of the world’s original tropical rainforest has been degraded or destroyed by people, new data has revealed, sparking concern that a vital natural buffer against the climate crisis is disappearing quickly.

As well as providing protection against the impacts of climate change, the loss of forest has also majorly contributed to climate-warming emissions, analysis by non-profit Rainforest Foundation Norway has shown.

Agriculture has spurred logging and land conversion, which has already erased 34 per cent of the Earth’s original old-growth tropical rainforests, with additional 30 per cent increasingly vulnerable to fire and future destruction.

Brazil, home to the Amazon rainforest, coined ‘the Earth’s lungs’, has been hugely impacted by an uptick in agriculture.

Livestock and soy

In its report, the Norwegian foundation found that the growing appetite for meat in Europe has fuelled land degradation in Brazil as landscape is burnt to make way for livestock and soy.

“Permissive environmental laws and inadequate law enforcement on illegal activities combined with increasing international demand makes land speculation in this area a lucrative business,” the foundation said.

“Invisible to the average consumer, their soy is fed to large amounts of livestock and farmed fish produced and sold in Europe.”

Brazil, the second largest producer of soybeans worldwide, accounts for 30 per cent of the global soy production.

Meanwhile, Brazilian beef accounts for 24 per cent of tropical deforestation globally, research by Our World in Data has found.

The head of research at Our World in Data, Hannah Ritchie, said at the end of February that “soy is one of the leading drivers of deforestation”, which hurts people’s chances of minimising the effects of climate change.

“More than three-quarters (77 per cent) of global soy goes to animal feed,” she added, highlighting tropical rainforest destruction as a vicious cycle between producing and feeding livestock globally.

Read more

Carbon markets must industrialise or the net zero transition stalls

Close-up of a sapling at Aranya Reforestation site in India, showcasing efforts in sustainable forestry and ecological res...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Climate change
  • International

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • Starmer will resign, Trump says

  • Kaleb Cooper: Brits don’t care about the price of milk 

  • Ocado to replace founder Steiner as shares plunge 

More from CityAM

  • Carbon markets must industrialise or the net zero transition stalls

    Partner
    Close-up of a sapling at Aranya Reforestation site in India, showcasing efforts in sustainable forestry and ecological res...
  • The UK chemicals sector is in trouble

    Opinion
    Lush green fields and livestock on a British farm under clear blue skies, showcasing agriculture in the United Kingdom.
  • The world needs an answer on climate finance – it’s London

    Opinion
    Corporate philanthropy concept with diverse professionals collaborating on sustainable, long-term global health solutions
  • Northern Trust Asset Management Launches Sustainable Multifactor Funds

    Business Wire
  • London Tech Week day five: A week that gave me confidence in the UK tech ecosystem

    Opinion
    Experts discuss innovation at London Tech Week 2026 panel with diverse tech leaders engaging in insightful dialogue.
  • The climate quango empire will keep growing until cheap matters more than ideology

    Opinion
    Net zero secretary Ed Miliband is set to face more pressure over high energy bills in the UK.
  • The best bottles to buy this English Wine Week

    Life&Style
    Whether you are dining in or out, select the right wine for the dish and do National Steak Day justice. 
  • Promega Receives SBTi Validation for Near-Term Science-Based Emissions Reduction Targets

    Business Wire

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies