Revealed: development banks funding industrial livestock farms around the world

Investigation uncovers finance worth $2.6bn pumped into meat and dairy industries, despite warnings of links to climate catastrophe Two of the world's leading development banks have pumped billions of dollars into the global livestock sector, despite warnings that reducing meat and dairy consumption is essential for tackling the climate crisis.The International Finance Corporation (IFC) - the commercial lending arm of the World Bank - and the European Bank for Reconstruction and Development (EBRD) have provided $2.6bn (?2.1bn) for pig, poultry and beef farming, as well as dairy and meat processing, in the past 10 years. Continue reading...