International writers and artists warn global land rush is hurting the poorest
- Oxfam
- 05 October 2012
Kristin Davis, Gael Garcia Bernal and Angelique Kidjo join call on World Bank to freeze land deals
Kristin Davis, Gael Garcia Bernal and Angelique Kidjo join call on World Bank to freeze land deals
We share the concerns Oxfam raised, however we disagree with their call for a moratorium on World Bank Group investments in land intensive large-scale agricultural enterprises, especially during a time of rapidly rising global food prices.
Since 2000, 27 million hectares of land were bought by foreign and domestic companies throughout Asia, making it the second most targeted region for land deals after Africa.
Oxfam report says international land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people.
The World Bank rejected a call by aid group Oxfam International to freeze the lender’s investment in land-intensive agricultural projects, saying such a move would not help prevent abusive practices in the purchase of acreage
The Kiel Institute suggests that if such investments are governed more effectively, land acquisitions can provide the developing world with positive opportunities.
In 2008, the Sri Lanka Tourism Development Authority launched the Kalpitiya Dutch Bay Resort Development Project, displacing many traditional fishing and farming communities.
Earlier, Gilbert Paborada was warned by a representative of a palm oil plantation “to stop opposing or he would regret what might happen to his life.”
Pesticide Action Network Asia and the Pacific and its partner communities will commemorate this year’s ‘World Foodless Day’ on October 16 through a coordinated campaign against landgrabbing
Gilbert Paborada, Chairperson of PANGALASAG, an IP organization resisting the oil palm expansion of A. Brown in Opol, Misamis Oriental, Philippines, was shot dead this afternoon.
Thailand remains a target for foreigners interested not only in securing industrial raw materials and food supplies but also in obtaining a higher rate of return on their investment.
Investors from the Arabian Peninsula are keen to get on the ground floor of the continent's real estate, agriculture, and energy markets