World Bank Backs Farmland Investment

The Financial Times gives a brief overview of a report from the World Bank, which recommends that international investors in African agriculture consider the social and environmental impacts of their investments, and strive to find creative investment structures that positively effect poor Africans and their environment.

From original article:

"The World Bank has backed the practice of countries selling large tracts of agricultural land to overseas investors, but is urging host countries to demand much more from investors to increase farming productivity and peoples' livelihoods.

In a long-awaited report on the so-called 'global farmland grab,' the multilateral donor organisation warns about the risk of the deals, particularly the 'limited recognition of local rights' and 'highly centralised approval processes.'"

Link to report from the World Bank