Santa Filomena, state of Piauí. Photo: Daniela Stefano
Associação de Advogados de Trabalhadores Rurais, GRAIN and Rede Social de Justiça e Direitos Humanos | 17 December 2020
TIAA and Harvard’s Brazilian farm deals judged illegal
Brazil s land agency and a state court have determined that pension fund manager TIAA and Harvard University’s endowment fund illegally acquired hundreds of thousands of hectares of farmlands in Brazil’s ecologically sensitive Cerrado region. The positions issued by the country’s federal land agency (the National Institute for Agrarian Reform - INCRA) and the state court of Bahia are detailed in a new report by AATR, Rede Social and GRAIN that also shows how fires are once again ravaging large areas of forests on TIAA and Harvard s Brazilian farms.