Pension Funds: Key Players in the Global Farmland Grab

11/13/2015/by Regeneration International

Large scale agricultural land acquisitions are generating conflicts and controversies around the world. A growing body of reports show that these projects are bad for local communities and that they promote the wrong kind of agriculture for a world in the grips of serious food and environmental crises. 1 Yet funds continue to flow to overseas farmland like iron to a magnet. Why? Because of the financial returns. And some of the biggest players looking to profit from farmland are pension funds, with billions of dollars invested.

Pension funds currently juggle US$23 trillion in assets, of which some US$100 billion are believed to be invested in commodities. Of this money in commodities, some US$5–15 billion are reportedly going into farmland acquisitions. By 2015, these commodity and farmland investments are expected to double.

Pension funds are supposed to be working for workers, helping to keep their retirement savings safe until a later date. For this reason alone, there should be a level of public or other accountability involved when it comes to investment strategies and decisions. In other words, pension funds may be one of the few classes of land grabbers that people can pull the plug on, by sheer virtue of the fact that it is their money. This makes pension funds a particularly important target for action by social movements, labour groups and citizens’ organisations.

The size & weight of pensions

Today, people’s pensions are often managed by private companies on behalf of unions, governments, individuals or employers. These companies are responsible for safeguarding and “growing” people’s pension savings, so that these can be paid out to workers in monthly cheques after they retire. Anyone lucky enough both to have a job and to be able to squirrel away some income for retirement probably has a pension being administered by one firm or another. Globally, this is big money. Pension funds are currently juggling US$23 trillion in assets. 2 The biggest pension funds in the world are those held by governments, such as Japan, Norway, the Netherlands, Korea and the US (see Table 1).

Table 1: World’s top 20 pension funds (2010)

Rank	Fund	Country	Total assets (US$ millions)
1	Government Pension Investment	Japan	1,315,071
2	Government Pension Fund–Global	Norway	475,859
3	ABP	Netherlands	299,873
4	National Pension	Korea	234,946
5	Federal Retirement Thrift	US	234,404
6	California Public Employees	US	198,765
7	Local Government Officials	Japan	164510
8	California State Teachers	US	130,461
9	New York State Common	US	125,692
10	PFZW (now PGGM)	Netherlands	123,390
11	Central Provident Fund	Singapore	122,497
12	Canada Pension	Canada	122,067
13	Florida State Board	US	114,663
14	National Social Security	China	113,716
15	Pension Fund Association	Japan	113,364
16	ATP	Denmark	111,887
17	New York City Retirement	US	111,669
18	GEPF	South Africa	110,976
19	Employees Provident Fund	Malaysia	109,002
20	General Motors	US	99,200

Source: Pensions & Investments, 6 September 2010, P&I/Towers Watson World 300

Keep Reading in GRAIN

Organic Regenerative Agriculture Can Ease World Hunger and Reverse Global Warming

10/15/2015/by Katherine Paul

FOR IMMEDIATE RELEASE

October 16, 2015

Contact:

English: Katherine Paul, 207.653-3090, Katherine@regenerationinternational.org

English: Lauren Stansbury, 402.540.1208, lauren@wearemovementmedia.com

Spanish: Ercilia Sahores, +52 (55) 6257 7901, ercilia@regenerationinternational.org

Organic Regenerative Agriculture Can Ease World Hunger and Reverse Global Warming

On World Food Day, International Experts Say Fossil Fuel Reduction Isn’t Enough; Survival Requires that We Also Restore the Capacity of the World’s Soils to Sequester Carbon and to Feed Vulnerable Populations

WASHINGTON D.C. — The nonprofit organization Regeneration International will hold a press conference today at 9 a.m. at the National Press Club, titled “The Future of Food: From Degeneration to Regeneration.” A panel of 10 international experts on organic agriculture, carbon sequestration and world hunger will speak to the capacity of organic regenerative agriculture to draw excess carbon from the atmosphere and sequester it in soil; how regenerative agriculture provides livelihoods for farmers, revitalizes local economies, and produces abundant food for populations most vulnerable to the consequences of climate change. For more information about World Food Day, Regeneration International and this press conference, please visit: https://regenerationinternational.org/world-food-day/.

Speakers will include:

Vandana Shiva, author, activist and founder of Navdanya;
Ronnie Cummins, international director, the Organic Consumers Association;
Tom Newmark, co-founder, The Carbon Underground;
Andre Leu, president, IFOAM Organics International;
Christophe Malvezin, Agricultural Counselor, French Embassy in the U.S.;
Ashley Koff, nutrition expert & creator of Better Nutrition Simplified;
Precious Phiri, Africa Center for Holistic Management;
Will Allen, author, activist and founder of Cedar Circle Farm;
Debbie Barker, international programs director, Center for Food Safety;
Jessica Shade, director of science programs at The Organic Center.

A live stream of the conference will be available here: https://regenerationinternational.org/world-food-day-livestream.

“On this World Food Day let us make a collective commitment to make a transition from an industrial agriculture model which has killed 300,000 Indian farmers, contributed 40 percent of GHGs leading to climate change, and created hunger, poverty and disease, to a regenerative agriculture that grows more and healthier food, rejuvenates the soil while reversing climate change, and sows the seeds of democracy and peace,“ said Vandana Shiva.

Ronnie Cummins said: “Regenerative organic food, farming and land use, scaled up globally on billions of acres of farmland, grassland and forests, can feed the world and reverse global warming and deteriorating public health. An international alliance of small farmers, ranchers and indigenous communities, allied with conscious consumers, can literally cool the planet, restore soil health and biodiversity, and move us away from climate catastrophe and societal degeneration.”

André Leu said: “We have good peer-reviewed science showing the scaling up of regenerative organic agriculture can reverse climate change, end the loss of biodiversity, stop the poisoning of our children and planet and very importantly, nourish all people with high quality food.”

Tom Newmark said: “On this World Food Day we face two interlinked planetary challenges: to produce enough food for all people and to sequester enough carbon in the soil to reverse climate change. There is one solution for those challenges: regenerative organic agriculture. We can no longer afford to rely on chemical farming, as the use of synthetic fertilizers, herbicides and pesticides has destroyed soils worldwide and rendered them unable to rebuild soil organic matter. It is now time for people and all governments to embrace the regenerative solution.”

Precious Phiri said: “Around the world, soil is the common currency and the only hope we have to rebuild our local economies, restore dignity and social structures while reversing climate change. We cannot achieve these benefits from the soil using harmful chemicals and heavy machinery. We must promote regenerative organic agriculture, in all communities and cultures around the world.”

Ashley Koff said: “This World Food Day, ask not what your food can do for you, but what our food will do for us all in the decades to come. The answer to whether our food feeds us all for better health lies in the health of our soil, not biotechnologies. Simply, if our soil contains the nutrients our bodies need for better health, so too can our food. Investing in our soil is the best health investment we must all make.”

###

Regeneration International is a 501(c)(3) nonprofit dedicated to building a global network of farmers, scientists, businesses, activists, educators, journalists, governments and consumers who will promote and put into practice regenerative agriculture and land-use practices that: provide abundant, nutritious food; revive local economies; rebuild soil fertility and biodiversity; and restore climate stability by returning carbon to the soil, through the natural process of photosynthesis.

Mixed Crop-Livestock Systems: Changing the Landscape of Organic Farming in the Palouse Region

10/13/2015/by Regeneration International

Grazing livestock may soon be a common sight in the Palouse region of southeastern Washington, usually known for its rolling hills and grain production.

Jonathan Wachter, a soil science doctoral student at Washington State University, has been working with a local farm to improve the competitiveness of organic mixed crop-livestock systems and their potential adoption by growers in a conventional grain-producing region.

The study is supported by a $695,078 National Institute of Food and Agriculture (NIFA) grant awarded to Washington State University through the Organic Transitions (ORG) program.

“Since 2001, ORG has provided support to researchers across the nation to help improve the competitiveness of organic crop and livestock producers as well as those who are adopting organic practices,” said Mat Ngouajio, NIFA national program leader for plant production. “This support has also helped better understand ecosystem services of organic agriculture.”

Wachter has been working on this five-year project with wheat farmers Eric and Sheryl Zakarison since 2012, growing wheat, peas, perennial species like alfalfa, and sheep in a tightly integrated system to demonstrate how integrated livestock farming can contribute to sustainability goals.

“They are the ones doing the research on their farm because they want to improve their soil,” Wachter said. “All I’m doing is putting their ideas into practice in a research context to generate the data that backs up some of (their ideas). They’re the real innovators.”

Keep Reading on the United States Department of Agriculture’s Website

Food and Climate Change: The Forgotten Link

10/08/2015/by Regeneration International

[ English | Español | Français | Ελληνική ]

Food is a key driver of climate change. How our food gets produced and how it ends up on our tables accounts for around half of all human-generated greenhouse gas emissions. Chemical fertilizers, heavy machinery and other petroleum-dependant farm technologies contribute significantly. The impact of the food industry as a whole is even greater: destroying forests and savannahs to produce animal feed and generating climate-damaging waste through excess packaging, processing, refrigeration and the transport of food over long distances, despite leaving millions of people hungry.

A new food system could be a key driver of solutions to climate change. People around the world are involved in struggles to defend or create ways of growing and sharing food that are healthier for their communities and for the planet. If measures are taken to restructure agriculture and the larger food system around food sovereignty, small scale farming, agro-ecology and local markets, we could cut global emissions in half within a few decades. We don’t need carbon markets or techno-fixes. We need the right policies and programmes to dump the current industrial food system and create a sustainable, equitable and truly productive one instead.

Food and climate: piecing the puzzle together

Most studies put the contribution of agricultural emissions – the emissions produced on the farm – at somewhere between 11 and 15% of all global emissions.[1] What often goes unsaid, however, is that most of these emissions are generated by industrial farming practices that rely on chemical (nitrogen) fertilizers, heavy machinery run on petrol, and highly concentrated industrial livestock operations that pump out methane waste.

The figures for agriculture’s contribution also often do not account for its role in land use changes and deforestation, which are responsible for nearly a fifth of global GHG emissions.[2] Worldwide, agriculture is pushing into savannas, wetlands, cerrados and forests, plowing under huge amounts of land. The expansion of the agricultural frontier is the dominant contributor to deforestation, accounting for between 70-90% of global deforestation.[3] This means that some 15-18% of global GHG emissions are produced by land-use change and deforestation caused by agriculture. And here too, the global food system and its industrial model of agriculture are the chief culprits. The main driver of this deforestation is the expansion of industrial plantations for the production of commodities such as soy, sugarcane, oilpalm, maize and rapeseed.

Keep Reading on GRAIN

Family Farmers: Feeding the World, Caring for the Earth

10/07/2015/by Regeneration International

Family farming preserves traditional food products, while contributing to a balanced diet and safeguarding the world’s agro-biodiversity and the sustainable use of natural resources. Family farmers are the custodians of a finely adapted understanding of local ecologies and land capabilities. Through local knowledge, they sustain productivity on often marginal lands, through complex and innovative land management techniques. As a result of the intimate knowledge they have of their land and their ability to sustainably manage diverse landscapes, family farmers are able to improve many ecosystem services.

Photo credit: Flickr / CIAT

Family farming represents an opportunity to boost local economies, especially when combined with specific policies aimed at the social protection and well-being of communities.

Family farmers have strong economic links to the rural sector; they contribute strongly to employment, especially in developing countries where agriculture still employs the majority of the labour force. In addition, the incremental income generated by family farming is spent on housing, education, clothing etc. in the local non-farm economy.

Download the Report from the Food and Agriculture Organization of the United Nations

Info Graphic: Family Farmers: Feeding the World, Caring for the Earth

10/07/2015/by Regeneration International

Family farming includes all family-based agricultural activities, and it is linked to several areas of rural development. Family farming is a means of organizing agricultural, forestry, fisheries, pastoral and aquaculture production which is managed and operated by a family and predominantly reliant on family labour, including both women’s and men’s.

Both in developing and developed countries, family farming is the predominant form of agriculture in the food production sector.

At national level, there are a number of factors that are key for a successful development of family farming, such as: agro-ecological conditions and territorial characteristics; policy environment; access to markets; access to land and natural resources; access to technology and extension services; access to finance; demographic, economic and socio-cultural conditions; availability of specialized education among others.

  Family farming has an important socio-economic, environmental and cultural role.

Download the Info Graphic from the Food and Agriculture Organization of the United Nations

Tag Archive for: Local Economies

Food and climate: piecing the puzzle together