World Rainforest Movement

Land Grabbing

Land grabbing is the process, affecting especially Southern countries, by which transnational corporations, foreign governments, pension funds, wealthy individuals, etc., are getting concessions over or buying huge tracts of lands including forests to make way for industrial agriculture, mining, oil extraction, etc, but also for financial speculation. This process became known as such because of its alarming rates in recent years and after the food price crisis in 2008. In Africa for example, 60 million hectares of land were traded in 2009.


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