But, he says, they are glossing over the real impact on the ground. They are displacing farmers, up-

An estimated 70m hectares of agricultural land – or 5% of Africa – has been sold or leased to western investors since 2000, according to a public luxury rental cars san francisco database of international land deals. luxury rental cars san francisco British companies have bought the rights to more than 3m hectares of land in poor countries – the equivalent of almost two-thirds of the UK s total farmland, according luxury rental cars san francisco to the International Land Coalition.
Farmland is a big attraction for them [pension funds and other investors], Grain said. They see in farmland what they call good fundamentals : a clear economic pattern of supply and demand, luxury rental cars san francisco which in this case hinges on a rising luxury rental cars san francisco world population needing to be fed, and the resources to feed these people being finite.
The £3,660-a-head conference at the Victoria Park Plaza hotel, in central London, promises a unique opportunity to gain insights from an A-list of speaker luxury rental cars san francisco faculty on how, where and why to invest in this emerging and expanding asset class .
A coalition of 60 international development, environment and farming charities will gather outside the hotel to demand that pension funds and other investors stop the land grab , which is claimed to be taking local people s land at the fastest rate since colonial times.
luxury rental cars san francisco Tim Rice, an adviser at ActionAid, said: The summit organisers cheerily call this devastating trend an emerging and expanding asset class and bill the summit as an opportunity to overcome the perceived obstacles to investment .
But, he says, they are glossing over the real impact on the ground. They are displacing farmers, up-rooting communities and food production and destroying ecosystems on a massive scale. They are increasing hunger and poverty luxury rental cars san francisco globally. In a world where 1 billion people already go hungry, land must stay in the hands of local communities so that they can feed themselves.
Kenneth Richter, of Friends of the Earth, claimed square-mile luxury rental cars san francisco investors are the key players fuelling an industry which leads to peasants, herders, fishers luxury rental cars san francisco and other rural households being dispossessed luxury rental cars san francisco of their means to feed themselves and their communities, luxury rental cars san francisco sometimes through promises of jobs, sometimes at gun point .
In 2008 a quarter of Mhaga village in rural Tanzania was acquired by a British biofuels company Sun Biofuels, with the promise of financial compensation, 700 jobs, water wells, improved schools, health clinics and roads. But the company later went bust, leaving villagers not just jobless but landless as well.