“We can have a nice debate about foreign investment here in Australia, but in the global context it isn’t a discussion about whether it is nice to have, we need it, we absolutely need it.”
Philippines' Environment Secretary Ramon Paje proposes the conversion of some 8 million ha of idle, denuded and unproductive lands across the country into oil palm plantations.
Deutsche Bank has told Friends of the Earth Europe and Rettet den Regenwald that it sold its shares in the Indonesian palm oil supplier Bumitama following months of campaigning by the two groups.
Frédéric Mousseau, Policy Director at the Oakland Institute, gives RFI's Laura Angela Bagnetto an update on the landgrab project that has occupied 20,000 hectares in northern Senegal
Simon Hopkins, chief executive of Milltrust International Group, predicts agriculture will be “one of the best performing asset classes over the course of the next 10 years”.
ETG considers the Government of Tanzania is trying to expropriate part of its land and is demanding compensation in the region of $20 million.
Large-scale land leases in Laos are driven by foreign investment projects brokered between the government and private companies, which have increased in frequency in the past decade.
Over 5,000 farmers from Kebbi State have been displaced as the state government took over their farmlands and allocated them to a Chinese firm for mass agricultural production.
MIGA—the political risk insurance and credit enhancement arm of the World Bank Group—plays an important role in making agricultural FDI more effective by reducing investors’ perceived risks to encourage market entry while applying environmental and social performance standards that boost the project’s sustainability.
Benjamin Dummai, the Director-General of Senhuile SA, an agribusiness project illegitimately occupying 20,000 ha in northern Senegal, accused of embezzling almost half a million dollars.
Senhuile not only faces bankruptcy because of Dummai’s criminal behavior, but must also address the mounting pressure from local communities opposing its industrial agricultural plantations.
The story may be over for the Menara Group in Aru, Indonesia. Now it’s time to look at Boven Digoel, where Menara is using the pretext of oil palm plantations to get its hands on 400,000 ha of primary forest.
