Groups Urge World Bank to Stop Financing Industrial Animal Agriculture

Two groups, Friends of the Earth and the Stop Financing Factory Farming Campaign, have announced a week of action targeting the World Bank Group (WBG) and its private sector arm, the International Finance Corporation, during the WBG’s Spring 2023 meetings held April 10th to 16th in Washington, D.C. The groups are calling on World Bank president nominee, Ajay Banga, to end the bank’s financing of industrial livestock due to its climate impact. The WBG has invested $4.6 billion in industrial animal agriculture in countries such as Brazil, Ecuador, Mexico, China, Vietnam, and Kenya over the past decade. The campaign is supported by a global civil society coalition, including The Global Forest Coalition, World Animal Protection and Sinergia Animal.