News Archive


New Report Documents Social and Environmental Harms of PRONACA’s Animal Agriculture Operations on Indigenous Communities

Loans from IDB Invest and IFC to PRONACA, the country’s largest pig and poultry producer, have violated the banks' own policies. Read More

Friends of the Earth Denounces Biden’s Pick to Lead World Bank

Today President Biden announced that he will nominate Ajay Banga to be President of the World Bank, on the heels of current World Bank President David Malpass’s announcement of resignation one week ago. Read More

Environmental justice, climate groups call on EPA to rein in the harms of factory farms

A letter sent to EPA Administrator Michael Regan urges him to act on the EPA’s existing authority to provide federal oversight of factory farms. Read More

Controversial $200 million IFC loan approved for LDC’s climate-destructive soy and corn operations in Brazil’s Cerrado

Despite opposition from more than 235 organizations, shareholders have approved a $200M loan to Louis Dreyfus Company Brazil (LDC). Read More

IDB Invest Drops Controversial Loan to Brazilian Beef Giant Marfrig Global Foods

Public development finance should not be channeled to large-scale industrial livestock operations like Marfrig that fuel deforestation and the climate crisis. Read More

200 NGOs Worldwide Oppose Public Funding of Brazilian Meat Giant Marfrig

If IDB-Invest is genuinely committed to tackling climate change, it must drop this loan and stop funding industrial livestock operations Read More