Responsible Large-Scale Agricultural Investments in and by G20 Countries: A Call for more Transparency
Insa Flachsbarth, Jann Lay, Kerstin Nolte, Angela Harding, Ward Anseeuw, Jeremy Bourgoin
2020
#Agriculture and food
#Environment and climate change
Many international agricultural land investment projects are criticized because of their disrespect of land tenure rights, the few benefits they provide local populations, and the often displayed negative environmental impacts. The Group of 20 (G20) has recognized the need for more responsible land investments in targeted lower- and middle-income countries, but land deals remain opaque. This policy brief suggests the necessity of mandatory due diligence in global supply chains. As an important, quicker, and more feasible step, the G20 should commit to increasing transparency by (1) supporting transparency initiatives, (2) making contracts publicly available, and (3) encouraging companies to release relevant information. Open data can then be used by relevant stakeholders to hold investors accountable.
