World Bank-funded factory farms dogged by alleged environmental abuses
Stop Financing Factory Farming
16th July '20
Pronaca, a pork and chicken producer, has expanded its operations in northern Ecuador with the help of funding from the IFC, even after complaints from affected communities about potential environmental concerns.
The financing, through the World Bank Group’s International Finance Corporation (IFC), is intended, in part, to kick-start the economies of developing nations. But the funds haven’t benefited the country’s poorest citizens, critics say.
“In Ecuador, the benefits are only for the big companies, not for the people,” Xavier León of the NGO Acción Ecológica told Mongabay.
This article was originally published by Mongabay.