IBOV 173,371.35 ▼ 0.20% IPSA 10,808.58 ▼ 0.71% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,226,297 ▲ 0.82% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL5.09▼ 0.40% USD/MXN17.43▼ 0.61% USD/CLP933.68▼ 0.14% USD/COP3,254▼ 0.11% USD/PEN3.39▼ 0.07% USD/ARS1,481▲ 0.17% USD/UYU40.19▼ 0.10% USD/PYG6,031▼ 0.03% USD/BOB10.75▲ 0.94% USD/DOP58.20▼ 0.07% USD/CRC447.35▲ 0.28% USD/GTQ7.62▼ 0.05% USD/HNL26.74— 0.00% USD/NIO 36.62 — 0.00% USD/VES735.09▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▼ 0.21% EUR/BRL5.81▼ 0.57% BRENT 88.95 ▲ 0.96% WTI 82.45 ▼ 0.05% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.91% GOLD 4,011 ▼ 0.03% SILVER 56.63 ▲ 1.06% SOY 1,225 ▲ 1.70% CORN 472.50 ▲ 6.24% WHEAT 672.75 ▼ 1.46% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.38 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,680 ▼ 2.70% COPEC 6,300 ▲ 0.81% BSANTANDER 77.18 ▲ 0.23% FALABELLA 5,820 ▼ 0.26% ENELAM 84.91 ▲ 1.04% CENCOSUD 1,990 ▼ 0.25% CMPC 1,087 ▲ 1.59% BANCO CHILE 187.99 ▼ 0.27% LATAM AIR 24.20 ▼ 2.26% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 670.50 ▲ 0.98% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.89 ▲ 0.60% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.86 ▼ 0.95% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.10 ▼ 0.46% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.71% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.17% TECNOGLASS 46.09 ▼ 0.84% GAP AIRPORT 217.03 ▼ 1.76% ASUR 274.38 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.11 ▼ 0.61% FEMSA ADR 129.91 ▲ 0.69% CEMEX ADR 12.48 ▼ 3.78% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.12 ▼ 0.53% ITAU ADR 8.34 ▲ 1.65% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.68 ▼ 1.68% BTC 65,248 ▲ 0.86% ETH 1,900 ▲ 1.54% SOL 77.79 ▲ 1.88% XRP 1.11 ▲ 1.58% BNB 571.59 ▲ 0.21% ADA 0.17 ▲ 1.40% DOGE 0.07 ▼ 0.28% AVAX 6.58 ▲ 1.92% LINK 8.56 ▲ 2.21% DOT 0.83 ▲ 0.95% LTC 47.16 ▲ 0.25% BCH 219.14 ▲ 1.98% TRX 0.33 ▼ 0.11% XLM 0.19 ▲ 0.12% HBAR 0.07 ▼ 0.59% NEAR 1.97 ▲ 3.11% ATOM 1.50 ▲ 2.04% AAVE 89.72 ▲ 0.44% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.96 ▲ 2.92% JBS 12.02 ▲ 0.88% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% IBOV 173,371.35 ▼ 0.20% IPSA 10,808.58 ▼ 0.71% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,226,297 ▲ 0.82% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 55,645.90 — — USD/BRL 5.09 ▼ 0.40% USD/MXN 17.43 ▼ 0.61% USD/CLP 933.68 ▼ 0.14% USD/COP 3,254 ▼ 0.11% USD/PEN 3.39 ▼ 0.07% USD/ARS 1,481 ▲ 0.17% USD/UYU 40.19 ▼ 0.10% USD/PYG 6,031 ▼ 0.03% USD/BOB 10.75 ▲ 0.94% USD/DOP 58.20 ▼ 0.07% USD/CRC 447.35 ▲ 0.28% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.09 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.81 ▼ 0.57% BRENT 88.95 ▲ 0.96% WTI 82.45 ▼ 0.05% IRON ORE 161.91 — — COPPER 6.34 ▲ 1.91% GOLD 4,011 ▼ 0.03% SILVER 56.63 ▲ 1.06% SOY 1,225 ▲ 1.70% CORN 472.50 ▲ 6.24% WHEAT 672.75 ▼ 1.46% COFFEE 323.50 ▼ 1.51% SUGAR 14.81 ▼ 0.13% ORANGE JUICE 146.90 ▲ 6.30% COTTON 78.88 ▲ 2.35% COCOA 5,507 ▼ 0.47% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.38 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,680 ▼ 2.70% COPEC 6,300 ▲ 0.81% BSANTANDER 77.18 ▲ 0.23% FALABELLA 5,820 ▼ 0.26% ENELAM 84.91 ▲ 1.04% CENCOSUD 1,990 ▼ 0.25% CMPC 1,087 ▲ 1.59% BANCO CHILE 187.99 ▼ 0.27% LATAM AIR 24.20 ▼ 2.26% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 670.50 ▲ 0.98% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.89 ▲ 0.60% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.86 ▼ 0.95% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.10 ▼ 0.46% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.71% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.17% TECNOGLASS 46.09 ▼ 0.84% GAP AIRPORT 217.03 ▼ 1.76% ASUR 274.38 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.11 ▼ 0.61% FEMSA ADR 129.91 ▲ 0.69% CEMEX ADR 12.48 ▼ 3.78% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.12 ▼ 0.53% ITAU ADR 8.34 ▲ 1.65% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.68 ▼ 1.68% BTC 65,248 ▲ 0.86% ETH 1,900 ▲ 1.54% SOL 77.79 ▲ 1.88% XRP 1.11 ▲ 1.58% BNB 571.59 ▲ 0.21% ADA 0.17 ▲ 1.40% DOGE 0.07 ▼ 0.28% AVAX 6.58 ▲ 1.92% LINK 8.56 ▲ 2.21% DOT 0.83 ▲ 0.95% LTC 47.16 ▲ 0.25% BCH 219.14 ▲ 1.98% TRX 0.33 ▼ 0.11% XLM 0.19 ▲ 0.12% HBAR 0.07 ▼ 0.59% NEAR 1.97 ▲ 3.11% ATOM 1.50 ▲ 2.04% AAVE 89.72 ▲ 0.44% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.96 ▲ 2.92% JBS 12.02 ▲ 0.88% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66%
since 2009
Monday, July 20, 2026

Brazil Brazil Tax reform

Amazon rainforest conservation challenge: Bolivia and Brazil lead in forest loss, 20-year study shows

By · August 7, 2023 · 2 min read

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Preserving the Amazon rainforest remains a significant challenge for all countries that share it.

However, according to the latest 20-year data from Global Forest Watch, Bolivia and Brazil are leading in forest loss, with 9.06% and 8.46% respectively.

“Forest loss” refers to removing or dying tree cover, not necessarily from deforestation.

This loss can stem from various factors, including legal and illegal fires, natural phenomena, etc.

The Amazon forest. (Photo Internet reproduction)
The Amazon forest. (Photo Internet reproduction)
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Jefferson Ferreira-Ferreira, data science coordinator at the World Resources Institute Brazil (WRI Brazil), affirms that these two countries have the highest forest loss rates.

WRI Brazil utilizes satellite images to map annual tree cover loss.

Bolivia’s loss increased by 32% last year, second only to Ecuador among South American countries, with a rate of 68.49%.

On the other hand, French Guiana, a French territory in South America, has the best preservation record, losing only 0.72% of the biome in the last 20 years.

However, forest loss in French Guiana is accelerating, with a rise of 68.45% from 2021 to 2022, the second-worst in the region, trailing Ecuador.

Brazil stands out despite not leading in percentage loss due to its total area lost.

The average loss from 2002 to 2022 is 1.3 million hectares per year, with 2022 recording a loss of 1.69 million hectares, the worst since 2017.

Data transparency about forest conservation is essential, with some nations performing better than others.

Jefferson notes that the El Niño years cause higher forest loss due to drier climate and increased fire susceptibility.

Moreover, the international price of meat and other commodities, along with the dollar exchange rate, also influence forest loss.

For the full picture, see our Brazil Tax Reform: Complete Guide.

Live Market IntelligenceBrazil — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Brazil — Live Market Board

B3 · São Paulo
Jul 20, 2026 · 17:31

Ibovespa · benchmark
173,371.35
-0.20%
L 173,222day rangeH 174,311

+29.22% over 12 months

Market breadth · 15 names
40% advancing

6 ▲ advancing9 declining ▼

Currencies, rates & key inputs
USD / BRL
5.09
-0.40%

EUR / BRL
5.81
-0.57%

Selic rate
14.25%
·

Brent crude
88.95
+0.96%

Iron ore
161.91
·

Sector heatmap · average move today
Consumer Staples
+1.02%
ABEV3

Energy
+0.17%
PETR4, PRIO3

Financials
+0.08%
ITUB4, BBDC4, BBAS3, B3SA3

Materials
-0.10%
SUZB3

Utilities
-0.12%
ENEV3

Mining
-0.91%
VALE3, CSNA3, GGBR4

Industrials
-1.55%
WEGE3, RENT3

Consumer Disc.
-2.26%
AZZA3

Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil
173,371.35
-0.20%

S&P/BMV IPCMexico
66,615.43
+0.39%

S&P IPSAChile
10,808.58
-0.71%

S&P MERVALArgentina
3,226,297
+0.82%

MSCI COLCAPColombia
2,298.34
+0.58%

BVL S&P PerúPeru
55,645.90

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
IBOV 173,371.35 -0.20% +29.22% 173,714.08 174,311 173,222
USD/BRL 5.09 -0.40% -8.74% 5.11 5.11 5.08
SELIC 14.25%
PETR4 41.15 +0.61% +32.53% 40.90 41.44 40.47 26,963,500
VALE3 71.93 -1.38% +28.33% 72.94 73.25 71.71 13,089,900
ITUB4 42.30 +0.81% +22.80% 41.96 42.53 42.10 12,606,000
BBDC4 18.41 +0.66% +17.41% 18.29 18.51 18.28 12,802,000
BBAS3 20.17 -1.56% +1.56% 20.49 20.54 20.13 15,034,700
B3SA3 15.26 +0.39% +16.49% 15.20 15.43 15.14 16,305,400
ABEV3 15.79 +1.02% +17.66% 15.63 15.83 15.58 24,319,200
WEGE3 43.13 -1.15% +2.76% 43.63 43.79 43.02 3,973,600
PRIO3 57.69 -0.28% +34.92% 57.85 58.72 57.62 4,922,600
SUZB3 41.89 -0.10% -17.86% 41.93 42.03 41.11 4,464,600
RENT3 37.49 -1.94% +4.66% 38.23 38.38 37.41 5,725,800
AZZA3 18.17 -2.26% -48.86% 18.59 18.75 18.16 906,100
CSNA3 5.07 +0.40% -36.55% 5.05 5.12 5.03 6,876,700
GGBR4 23.62 -1.75% +42.12% 24.04 24.25 23.53 4,272,800
ENEV3 25.65 -0.12% +85.87% 25.68 25.84 25.47 6,952,700

Largest moves today
AZZA3
18.17
-2.26%
RENT3
37.49
-1.94%
GGBR4
23.62
-1.75%
BBAS3
20.17
-1.56%
VALE3
71.93
-1.38%
WEGE3
43.13
-1.15%
ABEV3
15.79
+1.02%
ITUB4
42.30
+0.81%

The session read
The Ibovespa eased 0.20%, with breadth negative — 6 of 15 names higher. Consumer Staples led, while Consumer Disc. lagged.

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