This event discussed how to invest in agriculture in a responsible way, including research on the scale of the global rush for land, and explored potential solutions to the problem, including the role that the World Bank can and must play.
This session featured a discussion on the implications of current water policy reforms that have increasingly privatised and commodified water.
In August, the Compliance Advisor/Ombudsman (CAO), the accountability mechanism of the International Finance Corporation (IFC, the World Bank's private sector arm), launched an audit into its $30 million investment in palm oil and food company Corporaci
The Bank's compliance body, the Inspection Panel (IP), has received a request for inspection from farmers who reforested land in India as part of a Bank carbon sequestration project
Civil society organisations met UK Executive Director to the World Bank Susanna Moorehead and staff from the Department for International Development to discuss IDA, education finance, infrastructure finance, fragile states, agriculture and land, Doing Business rankings, Oyu Tolgoi project in Mongolia.
The International Finance Corporation (IFC), the Bank's private sector arm, has attracted criticism for its purchase of a 6 per cent stake in Armajaro Trading, a London-based commodity trading house founded by controversial hedge fund trader, Anthony Ward.
As the World Bank held its Annual Conference on Land and Poverty in April, campaigners accused it once again of facilitating and legitimising 'land grabs' that harm local communities.
Minutes of agriculture and food security meeting, Washington DC, 19 April 2012
Notes of meeting, Spring meetings 2012, Washington DC
Agriculture re-emerged in the last decade as a focus of World Bank Group lending, with the Bank claiming that "improving agricultural performance is the most powerful tool we have available to reduce global poverty and hunger."