New factsheet from ActNowPNG breaks down 6 myths used to justify the privatisation of customary land, showing how it's not about development but about profits for corporations
European MPs issue an interparliamentary statement on the “Finance in common summit”, calling on public development banks to stop "harmful investments", such as those in the oil palm plantation company Feronia in the DR Congo.
- European MPs
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10 November 2020
Australia’s largest dairy operation, Tasmania’s historic Van Diemen’s Land Company, is reportedly on the verge of being offloaded by its Chinese businessman owner Xianfeng Lu.
- Beef Central
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28 October 2020
Uganda’s government is supporting the rapid growth of extractive industries, but ranged against this is the swift growth of an eco-feminist movement that regards protection of the environment as essential to the protection of human rights.
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
Independent investigators to explore alleged involvement of security guard for palm oil company supported by CDC
- Guardian
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27 September 2019
Blackstone, owned by a top US Republican party donor, has launched two funds dedicated to buying farmland in Brazil that work with Brazilian companies to get around laws restricting direct foreign ownership.
An overview of land grabbing in Africa and Asia as lessons for Sri Lanka. In September 2016 the International Criminal Court called land grabs as a crime against humanity and this is an area that Sri Lanka’s lawyers are advised to further look into.
Residents of Kahnkaye Chiefdom in Nyorwein District have selected new chiefs to lead a rejection of Equatorial Palm Oil (EPO) from expanding its plantation on their land.
- FrontPageAfrica
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15 May 2018
How secrecy and collusion in industrial agriculture spell disaster for the Congo Basin’s rainforests.
In the last ten years, pension funds and other large investment funds have invested more and more in agricultural land as a part of their financial portfolios, contributing to increasing human rights violations and environmental destruction.
- Maryknoll
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19 October 2017
Milltrust has a 10 year, billion dollar program to establish farms in the southern hemisphere to produce rice, wheat, corn and barley, as well as new cash crops that will provide feedstock for animals.
Financial investors own tracts that grow maize and soya beans in Illinois and Uruguay, almonds and cattle in Australia, and sugar beets and wheat in Poland. Some are venturing into countries with potentially volatile politics, such as Ethiopia and Ukraine.
Farmers on Palawan are being tricked into giving land away to palm oil companies with local government support. Those who resist the land grabs are now in fear for their lives following the murder of a prominent campaigner.
- Truth-out
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10 January 2016
Profit maximization for multinationals like Karuturi is bolstered by the fact that borrowing locally is highly profitable.
Trade deal with South Korea cuts the value of Australian farmland purchases that attract scrutiny from the Foreign Investment Review Board from $53 million to $15m.
- The Australian
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27 Mar 2014
This year could see a surge in interest in farmland from investors with very little experience in this complicated asset class, reports Euromoney
- Euromoney
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13 January 2014
With communal land associations communities will be having one voice and if anybody, be it government or investor, is interested in their land, that person is made aware of that the group is organized and therefore not easy to simply deploy graders to start tiling or clearing the land.
Si la France a perdu son triple A, ses banques et assurances profitent bien de la hausse des cours mondiaux des denrées alimentaires.
- Bakchiche
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16 January 2012
A pioneer investor in farmland and the food price rally is looking ahead to new trends -- war, epidemics and climate change as the investment opportunities of the future.
"We have Indonesians and Malaysians coming in and saying we want 100,000 hectares to make PNG a rice producing country," says PNG’s Deputy Prime Minister Sir Puka Temu
- Islands Business
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12 July 2010
As interest in transnational land acquisition for food production grows, the importance of legal customary tenure recognition becomes more apparent.
If the moratorium on agricultural land sale is lifted, rich multinational corporations will buy and it will be legislatively impossible to strip them of lands that could be used for feeding Ukrainians.
Mohammed Mbwana, who farms in the Tana River delta area and is an official of a local NGO, said the Qatar agreement would displace thousands of locals. At least 150,000 families in farming and pastoralist communities depend on the land in question, said to be part of Kenya’s biggest wetland.
“We have a land fund in South America, we have in Ukraine. Now we are developing one in Africa. We need to acquire land for farming,” says Guy de Montule, Louis Dreyfus’ chief executive officer for Middle East and Africa
- Business Day
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23 February 2009
Corporate ownership of world food sources may be shifting into high gear. Goldman Sachs, the private equity investment bank of the ultra wealthy and powerful, has announced that it's in the race to scoop up assets related to food production.
- The Poultry Site News Desk
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22 August 2008
A British entrepreneur is leasing land from smallholders in an attempt to revive the breadbasket of the former Soviet Union
- Wall Street Journal
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18 May 2008
Landkom has leased 165,000 acres from thousands of landowners in Ukraine and will reap its first big harvest this year.
- Wall Sreet Journal
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12 May 2008
Dutch Banks ING Group, ABN AMRO, and Rabobank have provided 3.1 billion Euros (nearly US$3.5 billion) to agriculture projects that have led to deforestation, land grab and human rights violations around the world in the last five years, a new report has found.
- Liberian Observer
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24 December 2021
The grazing lands of the Maasai community in East Africa are being viewed as the next frontier for land grabbing.
- Intercontinental Cry
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27 November 2014