Brazil regulators cut off loans for environmental law violators

Resolution marks change in policy from Bolsonaro era

Brazil rainforest logging

Brazilian regulators have prohibited loans to rural enterprises that violate environmental and indigenous-rights legislation.

In a June 29 decision, the national monetary council barred banks from lending to rural properties under “embargo by the competent environmental agency, federal or state… arising from the economic use of illegally deforested areas on rural property”.

The council also cut off credit to rural properties in designated conservation zones, national forests and listed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account