PRIVATE LAW AND AGRICULTURAL DEVELOPMENT: PREPARING, NEGOTIATING AND IMPLEMENTING AN AGRICULTURAL LAND INVESTMENT CONTRACT THAT IS CONSISTENT WITH THE VGGT AND CFS-RAI PRINCIPLES

NEALE BERGMAN, ANNA VENEZIANO et all

The VGGT and the CFS-RAI Principles set out high-level principles and standards to promote secure tenure rights, equitable access and responsible agricultural investment. For prospective investors seeking to lease land for an agricultural investment, as well as for host States, legitimate tenure right holders and local communities that might be affected by that investment, preparing and implementing a lease that is consistent with those principles and standards can be challenging. A Working Group comprised of experts, international Organisation representatives and stakeholders is developing a future international instrument to provide concise legal guidance on operationalising those principles and standards. While not endorsing large-scale land acquisitions but acknowledging they continue to occur, such guidance is to raise awareness about alternative investment models (e.g. contract farming) and to support due diligence, impact assessments and use of contractual safeguards in leases to protect legitimate tenure right holders, human rights, livelihoods, food security and the environment.

Event: Land Governance in an Interconnected World_Annual World Bank Conference on Land and Poverty_2018

Document type:PRIVATE LAW AND AGRICULTURAL DEVELOPMENT: PREPARING, NEGOTIATING AND IMPLEMENTING AN AGRICULTURAL LAND INVESTMENT CONTRACT THAT IS CONSISTENT WITH THE VGGT AND CFS-RAI PRINCIPLES (859 kB - pdf)