World Bank report adds to warnings that demand for biofuel is driving the large-scale purchase of agricultural land in developing countries
The World Bank has become the latest institution to link biofuel targets with the recent surge in large-scale farmland purchases in the developing world that has been widely condemned as a "post-colonial land grab".
In a major 164-page report released earlier this week the World Bank confirms that large-scale farmland deals whereby industrialised and emerging economies acquired land in developing countries amounted to around 45 million hectares last year – an increase of more than 10-fold on the average for the previous decade of just four million hectares a year.
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