A recent report has revealed that around 20 dairy companies are responsible for more greenhouse emissions than Germany, Britain, or France. The livestock companies are earning billions of dollars in this operation. Notably, running a dairy farm contributes significantly to the emission of carbon dioxide, and animal agriculture reports around 14.5 per cent of the world's greenhouse gas emissions. The scientific report claims that rich countries need to reduce the consumption of meat and dairy products to prevent climate emergencies. According to a report published in the Meat Atlas 2021, which consists the reports by Friends of the Earth and the European political foundation, Heinrich Böll Stiftung, shows that between 2015-2020, global meat and dairy companies received over $478 billion in financial assistance from over 2,500 North American or European-based investment firms, banks, and pension funds. However, meat production due to hefty financial assistance is going to increase in the coming years.
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