World Bank body delays vote on controversial loan to Brazilian dairy firm

Stop Financing Factory Farming
25th May '23
An aerial drone view of many cattle in many feedlot pens in the deforested region of Para, Brazil
Drone view of cattle feedlot in Para, Brazil

After concerns were raised by civil society groups, the IFC delayed their vote on a proposed US $32 million dollar loan for Alvoar Lacteos, one of Brazil’s largest dairy firms. The objections were raised over environmental issues, including deforestation, as well as human and animal rigths concerns. The coalition of CSOs was successful in postponing the vote on the loan for now.

This story was originally published by Climate Home News.

Subscribe to stay updated

Join the campaign

Contact us

Want to speak to us?

[email protected]