Tag Archives: food

EU Common Agriculture Policy

The EU’s common agricultural policy serves many purposes: it helps farmers not just to produce food, but also to protect the environment , improve animal welfare and sustain viable rural communities . A partnership between Europe and farmers Flipbook version Published in February 2013 This publication is part of the ‘European Union explained’ series Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , | Comments Off on EU Common Agriculture Policy

G8 Leaders ‘Need To Go Further’ On Food Security In Africa

G8 leaders ‘need to go further’ on food security in Africa by Jonathan M. White 14 June 2013 When they meet at Lough Erne, G8 leaders will have to reconcile two competing visions of the New Alliance initiative started last year to lift millions of people out of poverty, says think-tank The New Alliance for Food Security and Nutrition – a joint initiative of African leaders, the private sector, and G8 governments – was launched at last year’s G8 Summit with the ambitious goal of lifting 50 million people out of poverty by 2022. Over the past 12 months, 91 per cent of G8 government commitments have been disbursed on time, and more than half of the private sector investments, worth a total of over $3bn, have commenced. From creating an electronic customs clearance system for agriculture commodities in Burkina Faso to a new seed law in Ghana, New Alliance policy actions could prove to be transformational and strengthen food security in participating countries, which also include Ethiopia, Tanzania, Côte d’Ivoire, and Mozambique. During a pre-G8 Summit event on nutrition last week, Nigeria, Benin and Malawi signed up as well. When they meet at Lough Erne, the G8 leaders will have to reconcile two competing visions of the New Alliance. Some argue that, although well intended, it will not result in sustainable or responsible investments. Big global companies only understand large-scale intensive single crop production models, which are often highly destructive to biodiversity and the social fabric of smallholder farming communities. While the flow of corporate investment and the adoption of modern farm management, skills, and technology will increase agricultural production, these benefits would come at a high cost. Investments will also go toward exportable products and not the local market, making smallholder farmers increasingly dependent on volatile international markets. Others contend that the New Alliance aligns public and private resources with country-led strategies that are consistent with host-country priorities and needs. The initiative is also supportive of multinational guidelines on the governance of land, fisheries, and forests, designed to guard against land grabs and social disruption. Proponents argue that corporate investors, non-governmental organisations, and development partners will assist smallholder farmers integrate into agriculture value chains by helping them organise into cooperatives and engage in contract farming Public-private partnerships and innovative business models will ensure both development and commercial goals are achieved. Which narrative is right? Each holds some merit. In at least four New Alliance countries, there is evidence that local communities have not been sufficiently consulted by investors or governments in land transactions. In two countries, the compensation to households affected by these land investments has been determined to be inadequate. While public-private partnerships are promising, it is clear that some companies simply do not understand how to engage with smallholder farmers. At the same time, the Grow Africa initiative, which is supporting the New Alliance, has reported that more than $60 million invested so far has incorporated smallholder farmers into market-based activities. Approximately 270,000 metric tonnes of commodities were sourced, generating $300m in sales for farmers. Nearly 800,000 smallholders have benefited from a mix of training, service provisions, and market access. While land grabs are a concern, the New Alliance is not dominated by large global corporations. Many sizeable investments are, in fact, driven by African firms and small and medium-sized enterprises. Grow Africa data covers New Alliance countries minus Côte d’Ivoire and plus Kenya and Rwanda. At the heart of the debate over these competing visions is the role of the private sector. Business and trade are often viewed as sources of plunder in Africa – the depletion of oil, gas, and natural resources through shadowy networks of business and government officials. Africa’s economic growth and rising middle class are promising, and African leaders have clearly committed to private sector development. Yet, this has not completely tipped the balance in local perceptions about the private sector. Weak governance and corruption further undermine trust in both governments and business. As the host of the upcoming G8 Summit, British Prime Minister David Cameron will have to navigate this thicket of issues. He is off to a good start, forming a ‘coalition of the willing’ to publish guidelines for land transactions and making progress on nutrition through the Global Nutrition for Growth compact and commitments . Transparency through the release of the 2013 New Alliance progress report will build confidence behind the initiative. But global leaders will need to go further. New Alliance dialogues must be embedded in local contexts, opening them more broadly to public debate through formal platforms or institutions. This means local public and private sector leaders will have to step up. Others can help, but it is these local actors who must ultimately build the mechanisms that will strengthen governance and reveal which investment models succeed or fail, so that we may learn along the way to enabling agricultural transformational in Africa. Jonathan M. White is a transatlantic fellow with the German Marshall Fund of the United States, which first published this article in its Transatlantic Take series as Can the G8 Navigate Competing Visions for Food Security in Africa? Read more: http://www.publicser…a#ixzz2WrP1lKzS Continue reading

Posted on by tsiadmin | Posted in Investment, investments, Kenya, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , , | Comments Off on G8 Leaders ‘Need To Go Further’ On Food Security In Africa

Parliament Committee Votes To Prop Up EU’s Ailing Carbon Market

Published 20 June 2013 The European Parliament’s Environment Committee has given its support to a compromise plan to boost the price of allowances on the EU’s carbon market. To become law, the proposal to temporarily remove some of the glut of permits that has weighed on prices still needs to win backing from a plenary session of the parliament next month in Strasbourg, and from EU member states. Traders said the market had already priced in a positive vote and allowances on the EU Emissions Trading System (ETS) fell by 3.6% to €4.53 a tonne short after the vote on Wednesday (19 June). After a defeat of the proposal in a full session of the European Parliament in April, the carbon price fell to a record low of less than €3 a tonne. British MEP Chris Davies, spokesman for the Alliance of Liberals and Democrats for Europe on the committee, indicated that the deal was far from perfect. In a statement after the vote, he said the plan “amounts to little more than a modest regulatory adjustment.  It will maintain the operation of carbon trading but it will not provide a driving force to promote long-term low-carbon investments.” “We still need to agree on clear targets for Europe’s CO 2 reductions by 2030 to give investors greater certainty”, Davies said, “and we urgently need to secure a global agreement on measures to tackle climate change.” Green groups welcome deal Campaigners welcomed the yes vote, although environmentalists say the proposal is very weak and will have a limited impact on prices. But they hope it will be a stepping stone towards deeper structural measures, such as the permanent withdrawal of some carbon permits. “With this vote the Environment Committee has sent an important political signal: there is still commitment to the EU’s flagship climate policy,” said Rob Elsworth of the campaign group Sandbag. The carbon market plan was meant to be a quick fix for a market that has hit a series of record lows far below levels of €40 to €50 needed to drive a shift to lower carbon energy. The proposal has met fierce resistance from heavy industry, which complains about anything that drives up the cost of energy in difficult economic times, and from Poland, whose economy depends on coal. Germany has failed to take a stand ahead of elections in September. Carbon prices have reacted to the twists and turns of the debate, which has dragged on for years. Price swings, often in excess of 10%, have been exaggerated by the weakness of the market. POSITIONS: Eurofer , the European steel industry association, voiced scepticism about the vote, saying backloading was an “unnecessary intervention” in the EU carbon market and that greater attention should be paid to industrial competitiveness instead. “The EU emissions trading scheme is working as it should and Europe is well on track to meet its 2020 reduction targets,” says Gordon Moffat , director-general of the European Steel Association. “Instead of artificially raising carbon costs the Commission must address the competitive disadvantages for industry resulting from European climate and energy policies.” There were some modifications brought by the Parliament’s vote which Eurofer welcomed as satisfactory, however. These include provisions to reintroduce carbon allowances that have been withheld from one year to the next and a new financing mechanism to reserve 600 million allowances for the development of innovative low-carbon technologies. “Of course these modifications might be regarded as improvements compared to the original version. It seems that there is less risk now of emissions allowances being removed from the market permanently,” Moffat said. “Still, the proposal represents market interference as well as additional, artificial increases in energy prices. It would have been more helpful if all the political energy that went into meddling with the ETS would have been invested in policies that strengthen the competitiveness of European industry.” Oxfam , the global anti-poverty group, said the Parliament committee vote had “sent a signal to markets that EU climate policy is here to stay”. However, it criticised the compromise deal for weakening the European Commission’s original proposal “substantially”. Lies Craeynest , Oxfam’s EU climate change expert, said: “The upcoming structural reform of the ETS will need to be much more ambitious to help stave off dangerous climate change which threatens the food security of millions around the world. “The proposal for a new fund makes lots of sense but it should be aimed at funding real climate solutions at home and meeting the EU’s promises to help poor countries deal with climate change abroad, rather than propping up energy-intensive industries.” NEXT STEPS: 1-4 July : European Parliament to vote on proposal at a plenary session in Strasbourg. Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , , , | Comments Off on Parliament Committee Votes To Prop Up EU’s Ailing Carbon Market