Salmon soy suppliers make zero deforestation commitment Brazil based soy suppliers to the salmon industry will implement a 100% deforestation and conversion free soybean value chain with August 2020 as their cut-off date. No soy grown on land deforested after this deadline will be traded.
The soy suppliers - CJ Selecta, Caramuru and Imcopa/Cervejaria Petrópoli - together with the sustainability standard owner, ProTerra, and WWF Brazil, have agreed on a robust monitoring, reporting and verification (MRV) system to implement and enforce their commitment to zero deforestation.
Their decision will have immediate effect for all new contracts of soy purchased.
The commitment by those Brazilian suppliers was hailed by global environmental organizations, international retailers, salmon farmers, feed companies, salmon processors and investors, all who cited concern about the increasing deforestation and conversion rates in Brazil.
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India holds a strong position in the industry at a global level. However, the industry is yet to overcome several infrastructure and technological challenges
India and Australia, two of the largest powers among the littoral states of the Indian Ocean, play important geopolitical roles in the security and stability of the Indian Ocean Region (IOR). While their interest in the region has been skewed in the past, the IOR’s rising geopolitical and economic importance and global influence is creating potential for cooperation among the countries, as security, economic, and environmental threats to the nations in the IOR are becoming convergent. Collaboration between India and Australia in strengthening Blue Economy (BE) initiatives in the IOR could prove to be a successful tool in addressing these imminent threats.