Farmers who don’t curb emissions may end up paying more interest on loans, bank warns
Banks including Rabobank already offer sustainability-linked loans that require clients to agree to certain targets, which may include emissions. Photo: John D Kelly
Banks will eventually start to impose higher interest rates on farmers and rural businesses that aren’t achieving satisfactory greenhouse gas reductions, a senior Rabobank executive predicts.
Banks including Rabobank already offer sustainability linked loans that require clients to agree to certain targets, which may include emissions, said Lara Yocarini, global head of rural and food & agri at the Dutch lender.
