News
Financing of Meat and Dairy Giants Grows Thanks to Big American Banks and Investors
New reports show that banks have contributed hundreds of billions of dollars in financing to large milk and dairy companies in the years since the Paris Agreement was signed.
By Georgina Gustin
The world’s biggest banks and investors are continuing to funnel billions of dollars to carbon-intensive industrial livestock companies, undermining their own pledges to cut greenhouse gas emissions and fueling an ongoing boom in meat and milk production that threatens global climate goals.
Related Knowledge Center: Climate legislation
State of Play
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.