Bloomberg Law: Anderson Krenak, 38, is a member of the indigenous Krenak people who live along the banks of the River Doce in Brazil’s Minas Gerais state. On Nov. 5, 2015, his life changed forever when a mining company’s dam collapsed, unleashing a torrent of mud filled with mine waste into the surrounding countryside and waterways, destroying the Krenak heartland. The flood killed 19 people and spread pollution hundreds of miles to the Atlantic.
Citywire Selector: A group of investors managing combined $4.6tn in assets has held a meeting with members of the Brazilian congress to discuss the preservation of the country’s tropical forests.
IPE: A public sector pension fund association has hosted an event to allow investors to hear from representatives of communities affected by mining company BHP’s operations in South America as it tries out a new approach to engagement.
IADB: The Inter-American Development Bank ("IDB") priced a new CAD600 million 5-year fixed rate l Sustainable Development Bond (“SDB”). This transaction represents the IDB’s inaugural SDB issuance, the proceeds of which will be directed to support sustainable development in IDB’s member countries aligned with the Bank’s strategic priorities to reduce poverty and inequalities in Latin America and the Caribbean by promoting economic and social development in a sustainable, climate friendly way.
Bloomberg: The world’s second-largest beef supplier is tapping the market for bonds aimed at protecting the environment as meat companies face growing criticism for contributing to climate change.