CUJUBIM, Brazil—The Amata SA logging company was supposed to represent an answer to the thorny problem of how countries like Brazil can take advantage of the Amazon rainforest without widespread deforestation.
But after spending tens of millions of dollars since 2010 to run a 178-square-mile concession in the rainforest to produce timber sustainably, Amata pulled out in April. The reason: uncontrolled wildcat loggers who invaded Amata’s land, illegally toppling and stealing trees.
The…
This post first appeared on wsj.com
