World Bank affiliate IFC approves loan for Suzano’s unsustainable project in Cerrado, ignoring warning from 40+ environmental groups
Christmas came early for Suzano, but at the cost of the world’s most biodiverse savannah: the Cerrado biome in Brazil. Last Friday, the International Finance Corporation (IFC), an arm of the World Bank, approved a USD 725 million loan to Suzano to build a new giant pulp mill project in Mato Grosso do Sul, in […]
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