Olivia Rosane is a staff writer for Common Dreams.
The Green Climate Fund and 11 of the 15 multilateral development banks together invested at least $2.27 billion in factory farming in 2023, undercutting their stated climate goals, according to a report published Monday by the Stop Financing Factory Farming coalition. The report, launched the same day as the start of the International Monetary Fund and the World Bank 's annual meetings in Washington, D.C., found that the World Bank was the worst offender.
' This can occur through more monocropping of plants like soy or corn for animal feed; more warehousing of large numbers of animals in concentrated feed operations that release large amounts of climate-, land-, and water-polluting waste; and the construction of slaughterhouses.The World Bank's investments in factory farming go against its own research.
Animal Agriculture Biodiversity Climate Emergency Green Climate Fund Greenhouse Gas Emissions Paris Agreement Water Pollution World Bank Factory Farms
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of Canada Halts Digital Dollar Project Amid Global Surge in CBDC DevelopmentCrypto Blog
Read more »
Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctionsThe Asian Development Bank says it expects developing economies in the region to grow at a 5% annual pace this year, up slightly from its earlier estimate of 4.9% growth.
Read more »
World Series MVP odds: Padres' Fernando Tatis Jr. favored ahead of Yankees' Aaron Judge, Juan SotoEarly World Series MVP odds are already out and the playoffs’ hottest hitter leads the way.
Read more »
Carlos Alcaraz leads Team Europe to comeback victory over Team World in the Laver CupCarlos Alcaraz led Team Europe to a comeback victory over Team World in the Laver Cup on Sunday, triumphing in both his singles and his doubles matchups.
Read more »
Adrian Cheng Resigns as CEO of New World DevelopmentAdrian Cheng, the heir apparent to the family conglomerate, will be succeeded by company's chief operating officer Eric Ma Siu-cheung, effective immediately.
Read more »
Hong Kong's New World Development shares surge 23% after CEO resignsThe company said Chief Operating Officer Eric Ma Siu-Cheung has been appointed as the new CEO.
Read more »