AUDIO-Dangerous initiative by the World Bank to control land grabbing http://www.radiomundoreal.fm/Unbelievable?lang=es

Seven voluntary principles on land acquisitions announced by the World Bank and supported by the UN will legitimize and promote land grabbing in Asia, Africa and Latin America, warned Friends of the Earth International.The World Bank claims that these acquisitions will promote agricultural investment. In reality they will further entrench corporate agriculture for profit and destroy local livelihoods, states the environmentalist federation on a communiqué issued on Thursday.

They add that land grabbing is also proven to further marginalize small food producers, and local communities who already make up the largest part of the 1 billion people suffering most from hunger and poverty.This large scale land grabbing to produce food and agrofuels for export is destroying the livelihoods of millions of people, particularly peasants, indigenous peoples and fisherfolk communities.