A new report details the web of companies with which Harvard Management Company, the university’s investment arm, directly invests in farmland around the world, risking conflict with communities from California to Brazil.
In June 2018, Guyana’s Ministry of Agriculture unveiled an agreement with the Brazilian Agricultural Machinery and Research Institute that gives a green light to Brazilian investors lobbying for large tracts of lands in the Rupununi savannahs.
Control of land for crops that sustain the world’s largest food businesses, such as Ferrero and Nestle, is the driving force behind the destruction of land affecting both environment and people worldwide.
O Relatório, que será apresentado pelo assessor sênior da Fian Internacional, Flávio Valente, descreve e analisa os impactos ambientais e sobre os direitos humanos causados pela expansão do agronegócio e pela especulação de terras na região Norte/Nordeste do Brasil, conhecida como Matopiba, que engloba áreas dos estados do Maranhão, Tocantins, Piauí e Bahia.
“In the long term, South America, and the Black Sea area still have great potential in their arable land, and can play a bigger role in the global soybean supply system,” says the president of state grains trader COFCO.
Brazilian agribusiness corporations have created partnerships with pension funds in the United States, Canada, and Europe for the “outsourcing” of land operations that are analogous to the international outsourcing of labor.