A large Canadian pension fund which counts the Royal Canadian Mounted Police and defence force workers as members has acquired 35 vineyards in Australia from wine group Casella
We depend on land for food, shelter and work, it’s a cultural marker and a source of identity – but also a site of violence and anguish. It’s time for a reckoning.
- New Internationalist
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24 October 2022
Activist groups and nearly 300 pension plan clients accuse TIAA of “systematic land acquisitions and land management linked to deforestation, illegality and human rights violations, including in the Brazilian Cerrado.”
- ESG Clarity
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19 October 2022
Conversaciones con activistas de todo el mundo en mayo y junio de 2022, dejan en claro la necesidad de un movimiento político y social para sacar las pensiones de los mercados financieros, incluso para acaparar la tierra
Conversations held with activists from around the world in May and June webinars of 2022 make clear the need for a movement to take pensions out of financial markets - including land grabs!
The $3.4 billion pension fund of Sonoma County, California committed up to $125 million to Fiera Comox Global Agricultural Fund to complement its investment in UBS AgriVest Farmland Fund
- Pensions & Investments
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31 August 2022
Macquarie Asset Management is stepping up its investment in farmland, taking control of Cowal Agriculture, a cropping enterprise affiliated with US-based Global Endowment Management.
Voters will decide whether to create a new government entity to take back control of water held by one of Hawaii’s most powerful agribusiness corporations and a Canadian pension fund.
- Civil Beat
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01 August 2022
Canada's Blended Finance Project interviews Witness Radio and GRAIN about the role public development banks play in facilitating land grabs around the world.
The most effective means of countering corporate power is to restore control of the land and agricultural knowledge to the communities who live on and with the land.
- Agrarian Trust
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13 July 2022
Canada’s largest pension fund manager has acquired a 75 percent stake in HFE Berries Perú SAC – owner of 100 percent of the Olmos field farming operation which has a planted area of 397 hectares.
US pension fund manager TIAA provides an introduction to carbon markets for land-based investments in order to evaluate how carbon can be incorporated into land-based investment strategies.
The expansion of industrial agriculture in Brazil has been an international affair, linking pension funds, university endowments, and major financial actors across the world.
- Phenomenal World
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28 May 2022
Witness Radio surveyed some projects in Uganda funded by development banks and found agony, illegal evictions, abject poverty, environmental degradation, and loss of life among others.
- Witness Radio
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19 April 2022
Students at the University of Iowa Campaign have joined a campaign demanding TIAA divest billions from oil, coal, and fracked gas and to stop its acquisition of farm and timberland around the world by 2025.
- Daily Iowan
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12 April 2022
Created specifically for domestic and offshore institutional investors, the fund has already secured significant cornerstone funding from one of the largest pension funds in Europe
A massive pig breeding and farming operation in Vietnam is set to expand, aided by $26 million in funding recently granted by the International Finance Corporation (IFC).
- Sentient Media
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29 Mar 2022
When total foreign freehold and leasehold interests are combined China has the largest holding of 2.3pc, shadowed by the United Kingdom (2.2pc), the USA (0.8pc), Netherlands 0.7pc, and Canada with 0.6pc.
A joint venture between Australia's Warakirri Asset Management and Canada’s Public Sector Pension Investment Board has acquired a grain growing aggregation in Riverina, Australia for more than $55 million
TLG manages 20,000 hectares of farmland in Uruguay producing beef, soybeans, rice, and timber on behalf of European pension funds, insurance companies and family offices.
US-based Washington State Investment Board has committed another $A350 million to Queensland-based farm investor Laguna Bay Pastoral Company.
- Queensland Country Life
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02 Mar 2022
Thirty CSOs call on the governments responsible for overseeing the development banks to take action to redress the harms caused to the communities from their investment oil palm plantation company PHC/Feronia.
- Collective statement
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28 February 2022
Canadian fund pours $600 million into farming operation in Maui that threatens water supplies vital to Indigenous farmers
- The Breach
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23 February 2022
The Teachers’ Retirement System of Louisiana has approved a $50m commitment to PGIM’s US agriculture fund.
Los Angeles County Employees Retirement Association (LACERA) is buying into TIAA-CREF’s global farmland funds with a $456m investment.
As community efforts to reclaim 100,000 ha of their ancestral land are met with violent repression, unlawful arrests, and murder, a new report exposes the financiers profiteering from the plantations in the DR Congo.
- Oakland Institute
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08 February 2022
The Bill & Melinda Gates Foundation along with a number of prominent US university endowments are among the top investors in a troubled set of oil palm plantations in the DRC, according to a report from the Oakland Institute.
- Mongabay
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08 February 2022
The pandemic-fueled land rush has brought wealthier buyers to rural areas, making land even harder to access—a crisis that has become especially acute in the Northeast of the US.
- Civil Eats
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06 January 2022
With farms, ranches and rural communities facing unprecedented threats, a worrying trend leads to a critical question: Who owns the water?
- The Counter
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04 January 2022
The PHC oil palm plantations provide 100 years of lessons about the failures of agricultural, financial and governance systems in a globalized world.
- InfoCongo
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23 December 2021