Starvation and poverty in Indonesia
- FPP
- 02 September 2013
Civil society organisations appeal for suspension of MIFEE project in Papua pending redress for local communities
Civil society organisations appeal for suspension of MIFEE project in Papua pending redress for local communities
On the margins of the annual World Bank land and poverty conference in April a donor roundtable agreed to establish a first global donor working group on land, which was launched recently. Video interview with the first chair of the group, from DFID.
The People's Coalition on Food Sovereignty recently released its critique on the responsible agricultural investment guideline calling it essentially the same as the World Bank's Principle on Responsible Agricultural Investment.
The returns on investments in South African farmland consistently outstrip those of local and international equities, bonds and real estate, says Futuregrowth Asset Management, the venture capital arm of Old Mutual.
The right to purchase agricultural land belongs to citizens of Ukraine, the state, the Land Bank, and territorial communities, according to a new draft law "On Agricultural Land Turnover".
Australia's PM says he favours a joint venture approach to farmland investment, comprising equity from farmers, perhaps through co-operatives, with domestic or some external investment.
Commissioner for Agriculture of Nigeria's Edo State says his government gave 10,000 hectares to Ekha Chemical Company two weeks ago for cassava production, while two other companies have asked for 25,000 hectares each for palm oil and rice.
The Indonesian government is aiming to lure foreign investors to develop agricultural fields and farms outside Java, given the “insignificant” foreign contributions to total investments in the sector.
The bill's pricing rules would oblige developers to pay up to four times the market rate for land in rural areas and twice the rate in urban areas. Displaced people must also be given homes and jobs.
Adecoagro will assist FMN in the management and development of Kaboji Farm, one of the largest commercial farms in Nigeria, comprising 10,000 ha of maize and soybean.
A meeting called to address the problems facing Karuturi flower farm in Naivasha, Kenya, was cancelled. The farm directors who had flown in from India kept off the venue of the meeting due to the anger of union officials and the farm workers
Today foreigners hold less than 2% of all agricultural land in the US. However, this share is growing as more foreign pension funds and others look to cash in on a boom in farmland values and commodity prices.