Promotion of beneficial agriculture investments and discouragement of land grabbing
Focali Brief 2012:03 by Jesper Karlsson
The proposed Principles for Responsible Agricultural Investment (RAI):
1. Existing rights to land and associated natural resources are recognized and respected.
2. Investments do not jeopardize food security but rather strengthen it.
3. Processes relating to investment are transparent, monitored and ensure accountability by all stakeholders within a proper business, legal and regulatory environment.
4. All those materially affected are consulted, and agreements from consultations are recorded and enforced.
5. Investors ensure that projects respect the rule of law, reflect industry best practice, are viable economically and result in durable shared value.
6. Investments generate desirable social and distributional impacts and do not increase vulnerability.
7. Environmental impacts are quantified and measures taken to encourage sustainable resource use, while minimizing the risk and magnitude of negative impacts and mitigating them.
Sugarcane cultivation in Bombali, Northern Sierra Leone. Photo: Jesper Karlsson