Oxfam Briefing Note on Land Purchases in ‘Developing’ Nations

Via www.oxfamblogs.org
As vast swathes of land in ‘developing’ nations are purchased by foreign investors, Oxfam has prepared a carefully researched briefing note on the impact of these purchases. The briefing note highlights the fact that almost two-thirds of the land purchased from 2000-2010 was purchased in nations with serious hunger challenges while two-thirds of foreign purchasers intend to export everything produced on the land.
The note emphasises that Oxfam does not oppose investments in agriculture, especially when they target smallholder producers, but notes that “the unprecedented rush for land has not been adequately regulated or policed to prevent land grabs. This means that poor people continue to be evicted, often violently, without consultation or compensation.” The note concludes by urging the World Bank to temporarily freeze investments involving large-scale land deals until it can review “advice to developing countries, help set standards for investors, and introduce more robust policies to stop land grabs.”
An Oxfam blog post on the briefing note can be found here, and the full note can be found here.

5 October 2012

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