US court orders the IFC to pay nearly $5 million in reparations to members of Honduran land defense movements who faced violence at the hands of security forces linked to a Central American palm oil corporation that received a $30 mn World Bank loan in 2009.
The Italian agricultural group Bf Spa, in partnership with the Algerian National Investment Fund (Fni), is launching this high-tech regenerative farming initiative that will initially cultivate 3,000 hectares of durum wheat, with plans to expand to 10,000 hectares of dried legumes.
The downfall of US-based firm African Agriculture is being closely watched by Senegalese communities who have struggled for years for the return of their lands.
- Oakland Institute
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09 October 2024
Australian agricultural investor and developer GO. FARM, with the help of Qantas Super backing, has acquired the 2666ha Dellapool Aggregation, formerly owned by Ferrero, the global manufacturer of famous brands such as Nutella, Ferrero Rocher and Kinder Surprise.
- Weekly Times
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07 October 2024
Communal lands the combined size of Portugal have been taken over by corporate interests for carbon offsetting schemes across the Global South, according to a new report that warns of a “new form of land grabbing.”
- Mongabay
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26 September 2024
The carbon credit reforestation project involves buying up huge swaths of pastureland in Brazil’s Cerrado savanna region and turning them into eucalyptus plantations, which are exacerbating drought conditions.
- Mongabay
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25 September 2024
Pure Farms operates greenhouse-based farms in the UAE and Saudi Arabia and will use the fundraising for the construction of a new farm in Morocco
The investment with the BTG Pactual Timberland Investment Group (BTG Pactual TIG) - one of the world's largest timberland investment management organizations - focuses on the conservation, restoration, and planting of deforested and degraded properties.
- Business Wire
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24 September 2024
Emotions, tears, and testimonies exposing the dark side of industrial agriculture rocked activities to mark the International Day of Struggle against industrial plantations 2024 celebrations in Uganda.
- Witness Radio
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24 September 2024
Profiteering companies are lining up to buy water rights in the western US as the water supply dwindles.
- Truthout
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22 September 2024
Vietnam Rubber Group plans to invest in large-scale and high-value agriculture until the end of 2030, covering an area of 36,227ha, including 5,000ha dedicated to banana cultivation.
A total of 2 million hectares of forests, wetlands and grasslands in Merauke, Papua province will be razed to make way for a cluster of giant sugarcane plantations. Five consortiums, consisting of Indonesian and foreign companies, are confirmed to be participating in the 130 trillion rupiah ($8.4 billion) project.
- Mongabay
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19 September 2024