The AU Commissioner for Rural Economy and Agriculture, Tumusiime Rhoda Peace, called for sustainable and inclusive models of land based agricultural investments that integrate smallholder, medium and large scale agriculture systems to enhance technology, innovation, value addition, infrastructure and market access.
The Commissioner was speaking at an International conference on "Feeding the World: Sustainable Solutions for a Global Crisis," on
In her keynote address on "FDI, Economic Growth and the Demand on Agricultural land", Ms.
She noted that the AUC, ECA and AfDB - under the auspices of land policy initiative (LPI) - are providing the leadership and coordination, and developing the tools needed in this regard, including the Guiding Principles on Large Scale Land Based Investments (LSLBI).
The Commissioner decried the low rate of implementation of current land deals, but expressed optimism that governments, investors and stakeholders are beginning to work together to ensure the success of these and future land investments through increased transparency, accountability and mutual collaboration.
She also noted that governments are already instituting reforms that guard against arbitrary appropriation of land, and facilitate partnerships among government, local communities and investors.
She called for international cooperation to strengthen synergies in implementing global tools such as the FAO Voluntary Guidelines on the Responsible Governance of the Tenure of Land, Fisheries and Forests (VG) and the upcoming
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