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#DivestFactoryFarming

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A Global Campaign to End Factory Farm Finance

Ashley Schaeffer Yildiz

Senior Campaigner

A campaign by

Steering committee

Members

Partners

Targets: Multilateral Development Banks

Future pandemics

Land grabbing / human rights abuse

Deforestation & Climate chaos

Biodiversity loss

Antibiotic resistance

Water & air pollution

World hunger & social inequities

Animal Agribusiness

Leading Driver of Deforestation

A deforested area near Novo Progresso in Brazil's northern state of Para.

Responsible for 84% of deforestation in Latin America

Fueling the Climate Crisis

Industrial Livestock Sector:

• 14.5% - 16.5% of global GHG emissions
• 32% of global methane emissions - almost as much as natural gas, oil and coal combined
• Up to 50% of the 1.5°C emissions budget by 2030 and 80% by 2050

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Human health impacts

Malnourishment

Zoonotic diseases

Antimicrobial resistance

Non communicable diseases

Pesticides contamination

Environmental impacts

Biodiversity loss

Deforestation

Empty oceans

Water Eutrofication

Climate impacts

Emissions from animals

Emissions from feed

Economic impacts

Capital concentration

Food insecurity

Resource depletion

Low employment

Corporate control

Rural exodus

Social impacts

Poverty

Hunger

Loss of food sovereignity

Rural poverty

Gender inequality

Social inequity

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Animal cruelty

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VISION:

• A shift away from industrial animal agriculture and monoculture feed crops
• Invest in diverse, resilient food systems that use agro-ecological practices and high animal welfare standards for small-scale, sustainable livestock

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GOAL:

• Stop development finance for the industrial animal agriculture sector
• Re-direct investments towards just and sustainable food systems

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KEY STRATEGIES:

• Project monitoring
• Policy development
• Research and narrative development

Vision, Goals & Strategy

Project Monitoring: Pronaca

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• IFC: US $120 Mln since 2004 + US $50 Mln in 2021
• IDB Invest: US $50 Mln in 2020
• Operate 115+ CAFOs in Ecuador
• No consultation of Indigenous communities
• Complaints from communities to CAO

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IDB Invest Marfrig Campaign

• US$43 Mln + $157 Mln syndication (proposed April 2021)

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• Sept. 2021: Norway sovereign wealth fund finds Marfrig guilty of driving illegal deforestation in Brazil
• Oct. 2021: Letter to IDB Invest signed by 285 organizations
• November 2021: US Treasury Briefing
• December 2021: 2 dozen+ NGOs directly pressure IDB Executive Directors
• Feb. 2022: IDB rejects $200 Mln loan due to “environmental concerns”

Policy Development & Narrative Building

• Exclusion policy
• Criteria for responsible investments
• Global consultation process
• Elevate voices of Global South

Thank you!

aschaeffer@foe.org