A World Bank pilot project designed to measure and improve
agricultural productivity will jeopardise food security in developing
countries and create a "one-size-fits-all model of development where
corporations reign supremely", according to a coalition of thinktanks
and NGOs.
An international campaign – Our Land; Our Business – is urging the Bank to abandon its Benchmarking the Business of Agriculture (BBA) programme, claiming it will serve only to encourage corporate land grabs and undermine the smallholder farmers who produce 80% of the food consumed in the developing world.
The campaign, whose signatories include the US-based Oakland Institute thinktank and the Pan-African Institute for Consumer Citizenship and Development, argues that the Bank's attempts to adapt its ease-of-doing-business rankings to the agricultural sector will sow poverty "by putting the interests of foreign investors before those of locals".
An international campaign – Our Land; Our Business – is urging the Bank to abandon its Benchmarking the Business of Agriculture (BBA) programme, claiming it will serve only to encourage corporate land grabs and undermine the smallholder farmers who produce 80% of the food consumed in the developing world.
The campaign, whose signatories include the US-based Oakland Institute thinktank and the Pan-African Institute for Consumer Citizenship and Development, argues that the Bank's attempts to adapt its ease-of-doing-business rankings to the agricultural sector will sow poverty "by putting the interests of foreign investors before those of locals".
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