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The Independent UK
The Independent UK
Nick Ferris

Development banks ‘still funding industrial livestock despite climate promises’

Dairy cattle in Kenya - (AFP/Getty)

Multilateral Development Banks (MDBs) like the World Bank have continued to finance polluting industrial livestock programmes in developing countries despite promises to align their financing with the Paris Agreement, new research has found.

The paper, which has been shared exclusively with The Independent, represents the first time that a systemic investigation into how MDBs - in this case, the World Bank, International Finance Corporation, and African Development Bank - are financing the industrialisation of animal agriculture.

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