European banks, pension funds and insurance companies are increasing global hunger and poverty by speculating on food prices and financing land grabs in poorer countries, according to a new report released today by Friends of the Earth Europe
Right now, on the desks of Swedish International Development Agency (Sida) there is the background material for an application of credit guarantee for an 8000 ha sugar plantation and a refinery in Bagamoyo, Tanzania.
De investeringen van pensioenfonds ABP in Mozambique hebben de afgelopen jaren bijgedragen aan het afpakken van boerenland en het bedreigen van de voedselzekerheid van de lokale bevolking.
- De Volkskrant
03 Dec 2011
Farmland is an increasingly attractive investment for pension funds, but some have held back from buying due to ethical and environmental concerns, and a fear of negative public perception.
A group of institutional investors representing US$1.3 trillion in assets have today launched the Principles for Responsible Investment in Farmland (the “Farmland Principles”).
Les fonds de pension sont peut-être l’une des rares catégories d’accapareurs de terres auxquelles les gens peuvent couper l’herbe sous le pied, pour la bonne et simple raison que c’est de leur argent qu’il s’agit.
Japanese translation of article of GRAIN, "Pension funds: key players in the global farmland grab"
Some pension funds are beginning to question their investments in commodities after accusations that massive flows into the sector have distorted markets, fuelled food inflation and hurt poor nations.
Report on the growing popularity of farmland investment in the developing world for European pension funds
European pension funds are investing in global farmland, with a focus on emerging markets. If political problems arise, “You'll have the World Bank on your side,” SilverStreet's chief investment officer said.
- Pensions & Investments
19 Apr 2010