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.

Stop Financing Factory Farming
25th May '23
Read the full story
Share
Article link copied to clipboard.

You may also like

26 Apr Animal welfare International Finance Corporation (IFC) Brazil
8 discoveries show that Alvoar’s suppliers violate good practices set by the IFC

An investigation conducted by international NGO Sinergia Animal revealed...

Read more

Subscribe to stay updated


Join the campaign


Contact us


Want to speak to us?

[email protected]