GEOG 216 Lecture Notes - Lecture 26: Land Run, Agribusiness, Carbon Credit
Document Summary
Food prices and land acquisitions: beneficial for ag and rural development; ag suffers from lack of investment and low prod. But with acquisition, give rise to greater food security. Land taken away from farmers and leased back to them by investors. Farmers getting paid based on lease rather than revenue from land itself. Security for farmers, investors get a share of the income and the appreciation value of land. Large-scale land acquisition opened up international debate about who should have rights to used lands, under what conditions and for how long. Long legacy of foreign land acquisitions: invaded, claimed, purchased land. 19th and 20th c colonization meant large amounts of land claimed. Plantation development in 20th c, and investment from north to south. ); these crops changed value of land; carbon forests--people getting carbon credit from these. Both of these benefit from large economies of scale; not niche small-scale endeavours, large scale.