Harvard University’s endowment spun off its natural resources team, creating an independent entity that will manage some of the school’s agriculture and food production investments.
- Bloomberg
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08 October 2020
The Indonesian government says it will expand a national “food estate” program by establishing millions of hectares of new crop plantations in Sumatra and Papua. To expand the project into North Sumatra and Papua, the government is seeking out private investors; but activists say this risks a repeat of the current corporate takeover of Indigenous and community lands.
IHC Food Holding, a subsidiary of Abu-Dhabi-based International Holding Company, announces plans to develop and cultivate over 100,000 acres of farmland in Sudan in a $225 million deal.
- Arabian Business
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06 October 2020
A new report released today by environmental campaign group Mighty Earth alleges that Michelin, the world’s largest tire company, was complicit in and covered up industrial-scale deforestation of over 2,500 hectares of rainforest in the run-up to the launch of its flagship ‘eco-friendly’ sustainable natural rubber joint venture project in Sumatra, Indonesia.
- Mighty Earth
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06 October 2020
Latest research conducted by the Public Trust Media Group on SOCFIN rubber plantations (SRC and LAC) has documented gross human rights violations.
- Public Trust
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05 October 2020
China Youran Dairy Group will purchase two Fonterra farming-hubs located in Ying and Yutian for NZ$513 million, while Beijing Sanyuan Venture Capital is set to acquire an 85% stake in the Hangu farm.
The Indonesian government has major plans to develop strategic infrastructures and agricultural projects, but for farmers, fishermen and indigenous communities, this represents a threat to their livelihoods, food, water, and even homes.
- Asia News
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03 October 2020
A new report explores how global finance has transformed land and nature into financial assets, driving violence and environmental destruction.
The Minister of Environment and Forestry said she would prepare the land needed for investment by the United Arab Emirates agricultural giant, Elite Agro LLC.
- Agro Indonesia
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30 September 2020
Ten civil society organizations (CSOs) members of Civil Society Coalition Against Food Estate in Papua strongly reject President Jokowi’s plan to develop a food estate with an area of 2,052,551 ha.
One of the ugliest features of the modern world is the exploitation of natural resources for private gain. Governments and corporations are eager to convert smallholder farms, grasslands, and forests into monoculture plantations, cattle ranches, and mines. But this only contributes to climate change, environmental degradation, displacement, loss of income and poverty
- Ceylon Today
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28 September 2020
A real financialisation of land, natural resources and the agri-food system is underway throughout South America. In the context of the multiple global crises, the pressure on the control of land and other resources of interest has increased considerably, either for productive use or as financial assets. To this end, the digitisation of land governance and the georeferencing technology that supports it are serving to disguise a massive digital land grab.
- grain.org
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25 September 2020