Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Actors / Company · Brazil

Vale

Appears in 10 cases in this database. Roles as given in the documented record.

CaseRoleCountryPeriodInstrument
Vale Brumadinho dam collapseDam owner and operatorBrazil2019–2027Mining / tailings dam
Samarco Fundão dam collapse (Mariana): the settlement and the court cases50% owner; acquittedBrazil2015–2026Mining / tailings dam
Biomas restoration initiativeFounder; published the market noticeBrazil2022Carbon credits
Renova Foundation (Mariana dam, Brazil)Parent company of Samarco; secondary funder of Renova at 50%Brazil2015–2024Mining / tailings dam
Vale ore-sand (Agera) tailings sandMining company; owner of AgeraBrazil2021–2024Mining / tailings dam
Simandou iron ore project, GuineaBought 51% of BSGR's Simandou holding for USD 2.5 billionGuinea2008–2026Mining
Brazilian court orders Vale and Cemig to repair nearly dry Rio Doce reachCompany the court ordered to repair the damageBrazil2015Wind, hydro and other renewables
Marfrig co-founded Biomas, a Brazilian forest-restoration companyFounding partner of BiomasBrazil2022Carbon credits
Brazil's 2015 mining code draft was created on Vale and BHP's law firm's computerCompany served by the law firm that held the draftBrazil2015Mining
Vale and Rio Tinto's Riversdale move households to make way for Tete coal minesOperator that relocated 1,365 householdsMozambique2009–2013Mining

Science and environment

Tailings and tailings dam
Tailings are the waste left after ore is processed; a tailings dam is the embankment that stores them as wet sludge.

Carbon and conservation finance

Carbon credit
A certificate representing one tonne of carbon dioxide (or equivalent) that a project says it reduced, avoided or removed. Buyers use credits to balance their own emissions in climate claims.

Places and local terms

Renova Foundation
The foundation set up after the 2015 Mariana dam collapse to carry out repairs and compensation on behalf of Samarco and its owners.