Today, on the International Day of Peasant Struggles, prominent farmers, fisherfolk, human rights and research organisations have sharply criticised the World Bank, three UN agencies and governments for promoting agricultural investments that are resulting in land grabbing on a massive scale.
From 18-20 April, investors, government officials and staff of international agencies will gather in Washington DC for the Annual World Bank Conference on Land and Poverty to discuss how to operationalise a framework called Principles for Responsible Agricultural Investment (RAI). Formulated by the World Bank, International Fund for Agricultural Development (IFAD), UN Conference on Trade and Development (UNCTAD) and Food and Agriculture Organisation (FAO), RAI consists of seven principles which investors may choose whether or not to abide by when conducting large-scale farmland acquisitions.