What Corporations and Smallholder Farmers Have in Common: Addressing the Challenge of Land Rights in Emerging Markets
Lucia Maurício farms about 25 acres of land in Mozambique to feed her family. Portucel manages over 32,000 acres of eucalyptus farms nearby, to power its global supply chain. As Mary Hobbs at USAID points out, both require clear and documented land rights to achieve their goals. She explains why land rights are an essential part of reducing poverty among farmers and boosting investment for corporations in sub-Saharan Africa.
Secure property rights are fundamental to the economic and social development of any country. However, in India, we are faced with a curious conundrum where more than 70 percent of a household’s assets are held in land and housing, yet there is insufficient data and research on people’s property rights.
- Asia Pacific
The International Energy Agency says the world will use 6% less energy this year, the largest reduction in 70 years. But that won’t make up for losses from practices such as deforestation and wildlife poaching, he writes.BY
Approximately 72 percent of the world’s population – more than 4 billion people – live on property for which they do not hold formal rights. This presents obstacles to social cohesion, financial inclusion and economic growth – in fact, in many countries, landlessness is the best predictor of poverty. Yet the problem remains under-recognized in many global development discussions. Tim Rann, a partner at Mercy Corps’ Social Ventures team, lays out seven things you should know about the issue.