World Bank pulls loan to Brazilian cattle giant
16 Jun 2009
The Work Bank has withdrawn a $90 million loan to Brazilian cattle giant Bertin following Greenpeace's release of a report linking the company to illegal deforestation of the Amazon rainforest.
The loan, granted by the bank’s private lending arm International Finance Corporation (IFC) in March 2007, was to expand Bertin's meat-processing in the Brazilian Amazon.
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Today 11:30am
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Today 11:30am
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China's ecology ministry to set up 100 new key labs in eight research fields by 2035
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India calls for more climate contributions ahead of key meeting
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