Land grab: The growing scandal surrounding the new wave of investments in land - Oxfam Report.
In 22 September 2011 Oxfam Italy and Oxfam International have published a Report on the illegal land grab in the developing countries from the International Investors. The poorest people are being hardest hit as competition for land intensifies. Oxfam’s research has revealed that residents regularly lose out to local elites and domestic or foreign investors because they lack the power to claim their rights effectively and to defend and advance their interests.
In developing countries, as many as 227 million hectares of land – an area the size of Western Europe – has been sold or leased since 2001, mostly to international investors. The bulk of these land acquisitions has taken place over the past two years, according to on-going research by the Land Matrix Partnership.