Thousands of families are being violently evicted from their farms to make way for foreign-owned plantations in Kiryandongo, Uganda.
- Witness Radio et al
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25 August 2020
Harvard says it is trying to divest from unsustainable ventures but is having trouble finding buyers for the farms, it continues to profit from the appreciating value of the land.
As demand for Brazilian soy soars, agribusinesses and farmland developers are seizing the opportunity to expand in the biodiverse Cerrado biome in western Bahia, Brazil.
Two Harvard-controlled LLCs have deeded over 7,104.74 acres of land in northern San Luis Obispo County, California for an estimated $120.14 million (based upon $132,159 paid in county real estate transfer taxes.)
In her new book, Fields of Gold, Madeleine Fairbairn critically examines the history, ideas, and political struggles surrounding the financialization of farmland.
- Cornell Press
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30 July 2020
The firm Adecoagro, the largest producer of raw milk in Argentina, received a loan of US $ 100 million weeks ago from the International Finance Corporation (IFC), which will be used to make investments in the local agri-food sector.
As the world concentrates on dealing with COVID-19 pandemic, multinational companies continue to evict communities from their land, tearing down their lives and their sovereignty to plant monocrops like oil palm and sugar cane in Africa, or GMO soy in South America.
The Oakland Institute, independent policy think tank based in the US, in a recent report said the compact between Sri Lanka and the US Millennium Challenge Corporation (MCC) could potentially shift millions of hectares of land in the country into private control
Feronia announces that it has entered into a definitive purchase agreement with Straight KKM 2 Ltd that provides for the acquisition of its operating subsidiary, Plantations et Huileries du Congo.
- Globe Newswire
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21 July 2020
A push to privatise land and other resources in countries from Ukraine to Papua New Guinea is hurting indigenous people and the rural poor, while increasing the risks linked to climate change.
As institutional investors continue to seek “pockets of calm” amid the turmoil, farmland’s resilience during the global financial crisis and the pandemic’s immediate aftermath is likely to be top of mind.
Mining billionaire Andrew Forrest says conservation and heritage considerations must be balanced against the need for farming, after outbiding the Yi-Martuwarra people for a vast land holding on their territories.
We naively believed that collaboration with farmland investor NCH Capital would be our opportunity for honest business in Ukraine. The complete opposite turned out to be true.
- Baltic Course
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09 July 2020
Over the past 10 years, the World Bank’s private investment arm has sunk more than $1.8 billion into major livestock and factory farming companies across the world.
Activists have called for a financial probe into the Korindo Group, a conglomerate that paid a $22 million “consultancy fee” for the permits to expand its oil palm operations in Indonesia’s Papua province.
Civil Society Organzation from various regions in Indonesia and International letter contains urgent concern for the safety of land and human rights defenders impacted by the Korindo Group and POSCO International, Indonesia.
With the COVID-19 pandemic still expanding across the globe, ACT NOW is urging the PNG government to drop its plans to put customary land into the hands of commercial banks. The COVID-19 crisis has demonstrated once again that customary land is a vital and irreplaceable resource for families and communities.
Nationalists want land issues to be handled independently by Sri Lanka because of fears that the MCC will be used to grab land for foreign investments, as has happened in Africa.
- Daily Express
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30 June 2020
Mbonjo sits in the heart of Cameroon’s country’s largest oil palm and rubber-producing region and owned by the Belgian holding company Socfin.
A Korean conglomerate paid $22 million to an “expert” to help it get land in Papua for oil palm plantations, at the heart of the largest rainforest left in Asia.
- Gecko Project
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25 June 2020
Indonesia sits at the heart of the global palm oil trade. In 2002, one company PT Erasakti Wira Forestama (EWF) offered villagers in Batanghari, Jambi province a one-time payment for their land. Peatlands were converted to plantations — and the repercussions of the decision are still felt today.
Some villager
&Green Fund, with backing from the Norwegian government and Unilever, makes its first investment in a Brazilian farming company that grows soybeans and grains and raises cattle on 50,000 hectares in Mato Grosso.
Farmers along Colorado's Grand Valley are concerned a New York City-based hedge fund is buying farmland to speculate on water.
- Inside Climate News
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08 June 2020
Article examines the processes and actors involved and the connections that global financial capital makes in order to access lands and agricultural production in the Brazilian Cerrado.
- Globalizations
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04 June 2020
Funds managed by North American farmland and timber giant Hancock Natural Resource Group are poised to snap up two almond properties worth around $12 million in the NSW Riverina and South Australia’s Riverland.
The complaint to the independent watchdog and accountability mechanism of the Wolrd Bank relates to a series of gross human rights abuses perpetrated against the indigenous people in SRC’s concession areas.
- FrontPageAfrica
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28 May 2020
The agribusiness company, Hoang Anh Gia Lai (HAGL), pledged to World Bank in 2015 to return land within its rubber concessions to local communities. But as residents have sheltered at home due to COVID-19, the company has cleared much of the land.
On the eve of their shareholder meetings, more than 40 organisations sign a collective statement about the situation in numerous rubber and oil palm plantations run by the Socfin group, with the financial participation of the Bolloré group
The debt-ridden oil palm plantations company operating in the DR Congo announces that it is pursuing a restructuring plan that includes a sales process and potential liquidation.
- Globe Newswire
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24 May 2020
BrasilAgro, which recently merged with farmland investor Agrifirma, continues to aggressively implement its business model that focuses on the acquisition and transformation of Cerrado savanna into farmland.