Investor statement: Asian banks, traders and buyers to uphold the Amazon Soy Moratorium
LAPFF and ARE invite investors to sign a statement calling on Asian banks, soy traders, buyers and end-users to uphold the Amazon Soy Moratorium (ASM) after Brazil’s Soy Industry Association (ABIOVE) withdrew in January 2026.
As the largest buyer and a major financier of Brazilian soy, Asia is well placed to uphold the 2008 deforestation cut-off date.
Under the ASM, companies agreed not to buy soy grown on Amazon land deforested after July 2008. Between 2009 and 2022, the ASM contributed to a 69% reduction in deforestation, while soy production increased by 344% on already cleared land. ABIOVE, representing over half of Brazilian soy exports, has now left, creating supply chain, regulatory, reputational, and hydrological risks. CDP estimates forest-related risks could cost exposed companies around US$279 billion.
More information
If you would like to discuss further, please contact [email protected] AND [email protected]. The deadline for sign-on is Friday 6th November 2026.
Investor asks
Banks: exclude financing for companies that do not adhere to the 2008 cut-off, backed by robust monitoring, verification and reporting.
Traders: publicly reaffirm the 2008 cut-off and full traceability, reverse policy changes that normalise post-2008 deforestation, and reject all Amazon deforestation, legal or illegal.
Buyers and end-users: engage suppliers collectively to restore the verification, traceability and accountability needed to meet deforestation- and conversion-free commitments and the EU Deforestation Regulation.
- 20261008_ASM Investor Statement_Asia focus.pdf Download
- Environment
- Biodiversity / nature
- Brazil