Cattle Ranching News

Brazilian meatpacker expands with World Bank funding but fails to reduce impacts in the Amazon

The International Finance Corporation injected $85 million into Minerva, even though it was aware that the company’s activities involved deforestation, child labor and land conflict risks. In recent years, Minerva has become Latin America’s largest meat exporter. But doubts remain over whether it has strictly complied with envi-ronmental and social compensation guidelines specified in its contract.
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