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September 21, 2020 - Independent Online

World's top banks must stop funding factory farming to prevent future pandemics, say campaigners

World's top banks must stop funding factory farming to prevent future pandemics, say campaigners
Chickens imprisoned in intentisive factory farming Credit: VHS

Nearly 100 environmentalists, including the prime minister’s father, are calling on banks and the International Monetary Fund to stop investing in factory farming to cut the risk of future pandemics.

In a letter to 22 leading financial institutions worldwide, the signatories, who include Jane Goodall, warn that industrial livestock production increases the potential for further disease outbreaks, and contributes to dangerous antibiotic resistance.

Industrial farming also undermines food security, and contributes to climate change, biodiversity loss, including the loss of pollinators, deforestation and water pollution, the letter says.

It was sent to banking giants including JP Morgan Chase, Standard Chartered, HSBC, Lloyds, Santander and NatWest, as well as the World Bank, the European Investment Bank and the European Bank of Reconstruction and Development.

Read more at Independent Online


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