
Brazilian President-elect Luiz Inacio Lula da Silva's transition team has held meetings with the soy industry to discuss a new pact to stop deforestation in the Cerrado savanna, modeled on an agreement for the Amazon, a Lula adviser said on Wednesday.
The Cerrado, the world's most species-rich savanna, borders the Amazon and is called an upside-down forest because of its deep carbon-rich roots. Deforestation there is a major source of greenhouse gas emissions that drive climate change.