Belgian sugar producer Finasucre has agreed to acquire the Winfield Road aggregation – the largest Macadamia portfolio in Australia – from Hancock Agricultural Investment Group for a record-breaking $59.2 million.
The student group Divest Harvard hosted a day of events calling attention to Harvard’s ownership of Brazilian land and reigniting its calls for the school to sell those holdings in the name of environmentalism.
- Harvard Crimson
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22 October 2019
Satellite maps show the connection between Harvard and TIAA's farmland acquisitions in Brazil's Cerrado and the massive number of fires that have been burning in the region since July of this year.
- FOE US, GRAIN,NFFC, Rede Social
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22 October 2019
The Dutch development bank FMO says its investments promote oil palm plantations in local communities. But the local communities are not welcoming these plantations. They want their land back.
Europe’s biggest pension fund manager is set to expand its Asia portfolio "primarily with additions of co-investments, joint-ventures and investor-led platforms with a focus on farmland and timberland".
- Asian Investor
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21 October 2019
Displacement Solutions has just published a major 184-page legal report on the land grabbing in Myanmar, including for agriculture, and how these processes constitute internationally wrongful acts.
Recently some articles have been released in the French and Cambodian press regarding a procedure contesting our responsible management and Bolloré’s alleged liability in our activities in Cambodia (1-10-2019).
Central Kalimantan provincial government in Indonesia agrees to cooperate with Elite Agro LLC of UAE to develop agriculture and plantation sector. As initial step, government will prepare 5,000 hectares of land for the agriculture project.
- Sampit Prokal
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18 October 2019
Cross River State House of Assembly has ordered Wilmar PZ and other multinationals to obey the laws of the state or face the music, following community complaints of exploitation and land grabbing by Wilmar at its plantations.
- The Guardian
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17 October 2019
Villagers detained for defending their lands from land grabs were beaten and subjected to electric shocks in the days following their arrest, with another later reported to have died in custody.
- Asean Post
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16 October 2019
Critics condemn move placing thousands of square miles of rainforest under control of international companies, such as Olam and Siat.
- https://www.theguardian.com/environment/2019/oct/16/ivory-coast-law-could-see-chocolate-industry-wipe-out-protected-forests
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16 October 2019
The Dutch newspaper Trouw identified at least seven projects that FMO funded in which the companies involved were connected to murder, intimidation, environmental damage, arbitrary arrests and land grabbing.
- Dutch News
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15 October 2019