Beleaguered West Papuans left to count the cost of Indonesia's palm oil boom
- The Guardian
- 17 May 2012
Indigenous Papuans are reeling from the cut-price sale of the land and forests that are their lifeblood
Indigenous Papuans are reeling from the cut-price sale of the land and forests that are their lifeblood
Authorities say the land is owned by the government, but the activists claim the previously state-owned land already has been awarded to a Russian company to be developed as a plantation.
Ethiopia's State Minister of Industry, Tadesse Hailem, says the investors have expressed interest to invest in the agriculture sector in Ethiopia and export it to their country.
"Investing in Farmland and Feeding the World," was discussed at an interactive session at the 65th CFA Institute Annual Conference in Chicago last week.
On the ground reports have exposed a secret operation by Ethiopian forces to force the Suri, Bodi and Mursi tribes out of their ancestral land to pave way for sugarcane plantations of Malaysian investors.
Sweden's SEK216bn (€24bn) buffer fund AP2 and TIAA-CREF have increased commitments to an agricultural property company launched last year to $2bn (€1.6bn), attracting interest from several Canadian investors.
A group of foreign financiers is examining the possibility of investing up to €50m in Irish dairy production, it has been revealed.
Financial services group TIAA-CREF said it is partnering with Canadian and European money managers to form a $2 billion global farmland investing company to capitalize on the growing demand for grains and other agricultural products.
Commodities group Louis Dreyfus has agreed to take a minority stake in Malaysian palm oil firm Felda.
Indigenous people in Cameroon claim a company is stealing communal land to build a palm oil plantation -- a dispute that could lead to conflict, hunger and human rights abuses.
In this extract from his book The Landgrabbers: The New Fight Over Who Owns the Earth, Fred Pearce witnesses the relentless plundering by intensive commercial farmers of Brazil’s rich savannah