World Bank's private lending arm drops Brazil feed mill loan over deforestation concerns

Environmental groups claimed victory as the International Finance Corporation withdrew financing for a controversial agribusiness project in Brazil tied to livestock expansion and forest destruction.

First covered Oct 20, 2026 · 9:07 AM PT · 1 article · no longer in the live window

World Bank's private lending arm drops Brazil feed mill loan over deforestation concerns — Image via insideclimatenews.org

Coverage

21d Inside Climate News The World Bank Has Withdrawn a Major Loan to an Agribusiness Tied to Deforestation — The world’s development banks continue to finance expansions of large climate-polluting livestock operations, but environmental advocates are notching a…

Primary sources

aidenvironment.org Life Rdm Report 14 July 2023 Updated Oct23 (aidenvironment.org)

static1.squarespace.com 260511+Joint+Csos+Letter+To+Ifc+On+Agronorte V2 (static1.squarespace.com)

More coverage from around the web

brettonwoodsproject.org World Bank backs away from Bertin - Bretton Woods Project

news.mongabay.com World Bank revokes loan to Brazilian cattle giant accused of Amazon deforestation

news.mongabay.com Brazilian cattle giant declares moratorium on Amazon deforestation

stopfinancingfactoryfarming.com Cancel the Agronorte Loan: 109 Groups Write to the IFC — Stop Financing Factory Farming

stopfinancingfactoryfarming.com IFC Approves $200M Loan to Louis Dreyfus Despite Warnings on Deforestation, Land Grabbing — Stop Financing Factory Farming

Appeared in: 2026-10-21 (#15)

← Back to the brief