World Bank

IFC lends a hand in great "land grab"

As the International Finance Corporation (IFC), the private sector arm of the World Bank, announces plans to increase investment in agribusiness by up to 30 per cent in the next three years, NGO reports shed light on the IFC's role in the 'land grab' movement and flaws in its approach to the food crisis.

FAO and World Bank back food pirates

And now the bad news. FAO has taken a U-turn in its clear position on the race by food-importing countries and private companies to buy land overseas for domestic food and agriculture needs.

The great land grab: Rush for world's farmland threatens food security for the poor

A new report from the Oakland Institute lays bare the insidious role played by international financial institutions like the International Finance Corporation of the World Bank and Foreign Investment Advisory Service, as well as rich nations, in promoting and facilitating this widespread land reappropriation--all in the name of promoting food security through foreign investment in agriculture.