Oxfam’s recently released report, Our Land, Our Lives, explores the relationship between rising global food prices and land-grabbing, urging the World Bank to rethink its policies of foreign land investments.
With food prices spiking for the third time in four years, interest in land could accelerate again as rich countries try to secure their food supplies and investors see land as a good long-term bet. All too often, forced evictions of poor farmers are a consequence of these rapidly increasing land deals in developing countries. As the world’s leading standard-setter and big investor itself, the World Bank should freeze its own land investments and review its policy and practice to prevent land-grabbing.
Read the press release and access the full report here.