The World Bank Has Withdrawn a Major Loan to an Agribusiness Tied to Deforestation
The world’s development banks continue to finance expansions of large climate-polluting livestock operations, but environmental advocates are notching a…
Inside Climate News reports that the world’s development banks continue to finance expansions of large climate-polluting livestock operations, but environmental advocates are notching a victory after they say the World Bank’s private lending arm has withdrawn funding for a controversial feed mill in Brazil.
A coalition of environmental groups said the International Finance Corp. will not go forward with a.
This environment story centres on Brazil. Names and organisations mentioned in the coverage include World Bank Has, Major Loan and Agribusiness Tied.
Why it matters
Developments affecting the environment are closely tied to public health, economies and how communities prepare for change.
Key details
- Location
- Brazil · Americas
- Reported by
- Inside Climate News
- First reported
- Key names
- World Bank Has, Major Loan, Agribusiness Tied, World Bank
- Section
- Environment
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at Inside Climate NewsSpotted an error? Request a correction · How this summary was produced
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