JUNE 2014. The rise in large-scale land-based investments in Africa and other regions has prompted governments, international organizations, business, and civil society to develop numerous guidelines, elaborating principles to protect the livelihoods and rights of local people.
Learn more in this brief about several of these guidelines, including:
- Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security
- International Finance Corporation (IFC) Performance Standards on Social and Environmental Sustainability
- Regarding biofuel production: Roundtable on Sustainable Biomaterials (RSB) Guidelines for Land Rights: Respecting Rights, Identifying Risks, Avoiding Disputes and Resolving Existing Ones and Acquiring Lands through Free, Prior and Informed Consent
- Regarding sugar production: Bonsucro Production Standard
In addition to the above guidelines, the United Nation’s Committee on World Food Security (CFS) has been developing the Responsible Agricultural Investments (RAI) Principles, to be adopted by the CFS General Assembly in October 2014 (see RAI draft here).
Socially responsible and financially sustainable investments are those that respect, protect, and strengthen land rights of women and men; respect community land such as forests or pastoralists' grazing pastures; improve local livelihoods and agricultural productivity; and achieve reasonable long-term investment returns.
These many guidelines and experience on the ground suggest basic principles that should guide responsible land-based investments.
Download the brief (right), Responsible Investment in Land, by Darryl Vhugen, to find out more.
The views in this brief do not necessarily represent those of any of the FOLA sponsors, but rather represent the views of the individual author.