Banking on animal welfare

The International Finance Corporation (IFC), which invests $300m in livestock operations in developing countries, has said it will consider animal welfare when investing in future projects.

The IFC is the private sector arm of the World Bank Group, and the move has been welcomed by Compassion in World Farming (CIWF), which was consulted along with a range of international organisations by the IFC.

The IFC has published a Good Practice Note, that states the IFC will "consider animal welfare issues when selecting projects and will seek ways to promote systems that positively impact animal welfare".

Joyce D'Silva, CIWF's ambassador, said, "To meet the increasing global demand for meat, more and more animals, especially pigs and chickens, are being subjected globally to the horrors of factory farming. So CIWF is delighted that the IFC has given such a prominent status to the welfare of these animals and recognises the marketing advantage for farmers who adopt welfare-friendly methods. In the longer term, global agriculture must adopt systems which not only meet the needs of farmers, but are sensitive to the environment and to the welfare needs of farm animals."

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