October 20, 2026

The World Bank Has Withdrawn a Major Loan to an Agribusiness Tied to Deforestation

🌍✨ The World Bank Has Withdrawn a Major Loan to an Agribusiness Tied to Deforestation 

Why we’re watching: The reversal comes after environmental and Indigenous rights groups pushed the bank to acknowledge environmental concerns.

More watchdogging of development banks is on the horizon, they say.By Georgina Gustin The world’s development banks continue to finance expansions of large climate-polluting livestock operations, but environmental advocates are notching a victory after th… 💚

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🔭 What to watch next

  • 📌 Key signal: The reversal comes after environmental and Indigenous rights groups pushed the bank to acknowledge environmental concerns. More watchdogging of development banks is…
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Reporting curated for GreenTV. Original reporting via Inside Climate News.