Expanding agricultural production was one of the main factors behind the Brazilian tropical fires that shocked the world in 2019. Indonesia also endured extensive blazes, often linked to deforestation for palm oil. NGOs, politicians and celebrities called for action to stop the fires, and the world will be watching again in 2020.

CRR analysts held a webinar on June 5th, 2020 to discuss the main drivers of the fires in Brazil and Indonesia, the actors involved, the political context, and the risks for investors. We will also look ahead at the risks involved with the upcoming fires season expected this summer.