Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...

The Orissa government would wait for the views of its department secretaries in the next two weeks before taking a call on the renewal of the MoU with Posco. A high-level meeting of chaired by Chief Secretary B K Patnaik on Tuesday deferred a decision on recommending the revised Posco MoU to the Chief Minister as several department secretaries indicated that they needed time to study the new points. The government...

-The Hindu   Drawing attention to the situation in Jagatsinghpur district of Orissa, where villagers are peacefully opposing forcible acquisition of their private and forest lands by the Orissa Government for South Korean steel major Posco's project, a report titled “Tearing through the water landscape: Evaluating the environmental and social consequences of Psco project in Orissa, India” was released here on Tuesday. “People have been against industrialisation of their land since November...

-The United Nations   Investing a relatively small amount each year in the forestry sector could halve deforestation, create millions of new jobs and help tackle the devastating effects of climate change, according to a United Nations report released today to mark World Environment Day. The report, “Forests in a Green Economy: A Synthesis,” finds that an additional $40 billion spent each year in the forestry sector – or just 0.034 per...

-The Hindu   Investing an additional $40 billion annually in the forestry sector can halve the deforestation rates by 2030, increase the rate of tree planting by about 140 per cent by 2050, and catalyse the creation of millions of new jobs, according to a report by the United Nations Environment Programme (UNEP). Backed by the right kind of enabling policies, such an investment — equal to about two-thirds more than what...