More than 10 years after the surge in large-scale land acquisitions (LSLAs) in developing countries following the spike in agricultural commodity prices in the late 2000s, the Land Matrix Initiative has taken stock of the “global land rush” and its socio-economic and environmental impacts. Our findings draw on evidence from the Land Matrix database as well as a literature review in order to analyze and better understand the wide-ranging effects of LSLAs.
The results of the review and complementary analyses are sobering, in part alarming. Compliance with the principles of responsible business conduct is rare, and scant consultation with the affected communities is common.
According to this report, Ukraine ranks 2nd in the world in terms of the total land area controlled by foreign investors.
International investors in our country control more than 3.3 million hectares. Above Ukraine is only Indonesia, where more than 3.6 million hectares are controlled. Russia, Brazil, and Papua New Guinea are also in the top five.
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