The Liberian Observer has reliably gathered that the International Finance Corporation has tabled all SRC’s loan application processes pending full scale investigation into a recent complaint filed against it by 22 indigenous Liberian communities.
While Qatar has adopted a more indirect approach to its foreign agricultural investment and increased domestic production of some food products, it is unlikely that it will be able to significantly reduce its dependence on foreign food supplies in the long term.
The government of Brunei offering heavily subsidised land for rent to both locals and foreigners. 300 hectares of government-owned agricultural land have been given out over the past two years as part of state efforts to fuel growth of agriculture industry.
A UNIDROIT Working Group is currently developing, in collaboration with FAO and IFAD, a future Legal Guide on Agricultural Land Investment Contracts. The online consultation on the ALIC Zero Draft is open from 1 June until 30 September 2019.
Indonesia has published its first ever map of customary forests, in a move it says to prevent land grabs by businesses and resolve existing conflicts.But indigenous rights activists are unconvinced, saying land recognition process for local communities continues to be hampered by onerous bureaucratic requirements.
Australia’s big four banks; ANZ, the Commonwealth Bank, NAB and Westpac are financing companies accused of land grabs, deforestation and labour abuses in developing countries according to a new report by Friends of the Earth Australia.
The sell-down of northern grazing assets continues for Terra Firma’s Consolidated Pastoral Co, with a deal announced today to sell its Ucharonidge station in the Northern Territory to Malcolm Harris’s Cleveland Agriculture.
Bank of America’s Specialty Asset Management group manages more than 94,000 assets with a value of $13.6 billion for individuals and institutions looking for timberland, farms, ranches, energy interests, or real estate.