World Bank urged to drop a $50 million loan for factory farm expansion in Ecuador because of health, social and environmental impacts
21 May, 2021
20 May 2021–World Bank urged to drop a $50 million loan for factory farm expansion in Ecuador because of health, social and environmental impacts The World Bank is being urged to drop a $50 million loan to Pronaca, Ecuador’s biggest livestock producer, because of its harmful impact on the environment and rural and indigenous communities and violations of the Bank’s own policies. The World Bank’s International Finance Corporation (IFC) board is expected to make a decision on the loan at a meeting on Friday 22 May. The …
