And even though the World Bank has announced some tepid steps along with the United Nations to protect against land grabs, don't expect much out of the process.
Wall Street financiers now interested in channeling billions of new dollars into cropland include heavy hitters like UBS, Morgan Stanley and Rabobank.
Cargill and Bunge among firms setting up funds to buy farms in Asia and South America.
La Convention a recommandé l’élaboration d’un système de suivi et d’alerte permettant de fournir aux plateformes des bases réelles de mobilisation sociale des exploitations familiales agricoles pour limiter voire enrayer l’accaparement des terres de la région.
Pakistan’s ambassador to the Kingdom has called on Saudis to invest in his country’s agricultural sector.
Ethiopian PM Meles Zenawi talks about the leasing of large areas of Ethiopian farmland to foreign investors during a panel on African agriculture at the World Economic Forum
- World Economic Forum
-
06 May 2010
When will governments recognise the immense potential of their own farmers and their sustainable, diverse family farming systems, that are so desperately in need of genuine 'responsible' agricultural investment to assure food and seed sovereignty, asks Joan Baxter
Tanzania's President says his government has decided to work with the private sector in large scale farming and the Tazara corridor is the starting point.
- Tanzania Daily News
-
06 May 2010
Macquarie Group Ltd. plans to own and run 500,000 acres of soybean and grain farms in Brazil over the next three years
Gaiacor International, together with its strategic partner MITC Investments, Ltd., has commenced negotiations with Agro North with the intent of forming a joint venture to acquire and reclaim agricultural land in Argentina.
The long-term danger I foresee, in the worst case scenario, is that the debt spiral will eventually converge with the land grabs.
AgriNurture Inc has signed the enclosed MoA with Far Eastern Agricultural Investment Company of Saudi Arabia for food crop plantations and processing plants in the Philippines.
- Manila Bulletin
-
05 May 2010
Même si l’ampleur des dégâts n’atteint pas encore celle des 28 Etats africains déjà durement frappés par l’accaparement des terres, il n’en demeure pas moins qu’en Côte d’ivoire, le phénomène existe.
De senaste åren har jordbruksmark i Afrika blivit ett glödhett investeringsobjekt för både stater och privata intressen. På lokal nivå hamnar världens fattiga ofta i kläm. I Nyanzaprovinsen i västra Kenya fick byborna se sitt levebröd försvinna ner i gapet på ett amerikanskt risföretag.
The World Bank is marching ahead with plans to facilitate global land grabs, while not releasing a report that confirms the negative impacts of these deals for local communities.