The 'change we need'? Obama in Ghana
- Pambazuka
- 09 July 2009
A focus on agricultural productivity should not become a cover for foreign private companies to grab land or impose expensive, input-intensive methods in the name of modernisation.
A focus on agricultural productivity should not become a cover for foreign private companies to grab land or impose expensive, input-intensive methods in the name of modernisation.
The best practice proposal was criticised by development charity ActionAid UK. "The G8 plan to simply start discussing the topic is insufficient."
Lester Brown, the president of the Washington-based Earth Policy Institute, says even if the investor comes in wielding impressive, shiny new technology, it will be of little benefit to the small farm holder.
After having invested over 300 million euros for the acquisition of agricultural land alone, and another dozens of millions were invested in food industry, now Danish investors see a new opportunity on Romania’s market, namely the development of renewable energy parks
Prime Minister Taro Aso says he will call on world to develop principles promoting responsible foreign investment in agriculture in the face of "land grabs" of large-scale farmland in poor nations to ensure food supplies for wealthy nations.
AFD has taken the initiative of studying the possibility of creating an investment fund. This fund would make equity investments in responsible companies that invest in African agriculture.
Video from The Global Report reporting that the G8 will address land grabbing through win-win solutions
La FAO s’inquiète des violations des droits des paysans que ces accaparements de terres peuvent entraîner, et s’interroge sur la participation des populations locales aux bénéfices générés. Mais elle y voit avant tout une perspective de développement. Au profit de qui ?
Earlier this year Daewoo Logistics’ $6bn deal to own 1.3m ha of prime agricultural land in Madagascar fell thorough after a military coup, leaving it with little hope of compensation.
Daewoo Logistics, one of South Korea’s leading shipping and logistics companies, has filed for receivership in Seoul Central District Court.
Thailand is keen on reaching bilateral agreements with Qatar on various economic investments from agriculture particularly on food, oil and gas and tourism sectors, visiting Thai Foreign Minister Kasit Piromya said yesterday.
"We believe there are many opportunities for investment in Thailand and Philippines and for both countries in Bahrain," a Bahrain Chamber of Commerce and Industry representative said. "Food security is one area we are trying to emphasise. We had discussions in planting and growing bananas and rice in both countries."