World Bank’s IFC accused of failing to enforce climate rules on $2bn of agribusiness loans

The World Bank’s private sector lending arm failed to ensure that its agribusiness borrowers complied with its own climate-related lending requirements, according to an analysis of loans made by the International Finance Corporation over the past five years.

Across 38 loans made between March 2020 and March 2025, totalling approximately $2bn, none of the financed projects appeared to meet all of the climate requirements set out in the IFC’s own performance standards, according to a report published on Monday by Stop Financing Factory Farming, a global civil society coalition.