Concern grows over farmland investments in poor countries
07-06-2009
Concern for equitable resource allocation grows as rich countries and world's largest food, financial and car companies invest $20 billion to $30 billion annually on farmland in developing countries (click 'See also'). UN says investment has doubled to nearly 20 million hectares (50 million acres) since last year. Analyst predicts civil unrest, with investing countries leaving trail of food scarcity for local populations, as well as devastated soils, dry aquifers and ruined ecology from highly intensive, chemical-based farming.
Read the story at The Guardian (UK)
Tags: Alpcot Agro, Andry Rajoelina, biofuel, Cameroon, China, corn, Daewoo, Democratic Republic of Congo, Devinder Sharma, Ethiopia, Forum for Biotechnology and Food Security, Gulf States, International Food Policy Research Institute, Libya, Madagascar, Marc Ravalomanana, neo-colonialism, Office of the High Commissioner for Human Rights, Olivier De Schutter, Saudi Arabia, South Africa, South Korea, soybeans, Sudan, Sweden, Tanzania, UN, Zambia
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