Global Land Grabbing by Speculators, Investment banks, Pension funds

Kenya green hills CIAT Neil Palmer sml

By Stephen Leahy

UXBRIDGE, Canada, May 10, 2012 (IPS)

Land is the missing element at next month’s big U.N. sustainable development summit known as Rio+20, where nations of the world will meet Jun. 20-22 with the goal of setting a new course to ensure the survival and flourishing of humanity.

However, governments are apparently unaware that a reversal of decades of land reform is underway with speculators, investment banks, pension funds and other powerful financial interests taking control of perhaps 200 million hectares of land from poor farmers in Africa, Latin America and Asia in recent years. Speculators and investors know land is the key to three necessities of life: food, water and energy. But neither land nor community land rights are on the summit agenda.

“Rural people are losing control over land and water because of this global land grab,” said Honduran farmer leader Rafael Alegria of the international farmers’ movement La Via Campesina.

Anywhere from 80 to 227 million hectares of rural, often agrarian land have been taken over by private and corporate interests in recent years, according to an April report released by Friends of the Earth International.

Many small land holders are being displaced in Central America and up to 40 percent of Honduran small farmers live in extreme poverty, according to the U.N. Food and Agriculture Organisation, Alegria told IPS through a translator.

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Danger in Turning Africa’s Foodlands into “Carbon Farms”

Keep Agriculture for Food, not Carbon$$

By Stephen Leahy

DURBAN, South Africa, Dec 2 2011 (IPS)

Civil society has warned of the danger of turning Africa’s food-producing lands into “carbon farms” so that rich countries can avoid making cuts in their carbon emissions.

On Friday, they called on host country South Africa to refrain from forcing so-called “climate smart” agriculture into the United Nations climate treaty negotiations known as the 17th Conference of the Parties (COP 17).

South African President Jacob Zuma has stated that agriculture should be part of a new climate treaty. South African officials have previously told IPS they want it included so there will be “specific funds and specific actions” for agriculture under the U.N. Framework Convention on Climate Change.

“Putting agriculture into a future climate treaty is supposedly a consolation prize to Africa for failure by rich countries to agree to legally binding targets,” said Teresa Anderson of the Gaia Foundation, an international non-governmental organisation based in London.

“This consolation prize is a poisoned chalice. It will lead to land grabs and deliver African farmers into the hands of fickle carbon markets,” Anderson told IPS.

Agriculture is a major source of global warming gases like carbon and methane – directly accounting for 15 percent to 30 percent of global emissions. When the entire food production system is included, total agriculture emissions represent nearly half of all emissions. For those reasons there have been previous efforts to incorporate agriculture under a new climate treaty.

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Changes in agricultural practices can greatly reduce emissions. However, the best way to do that is through regulations, not a climate treaty and carbon credits, said Anderson.

“Why are markets now seen as the only solution when less than 10 years ago they weren’t a focus at all?” Continue reading