SPECIAL REPORTS AND PROJECTS
Beijing proposes seven-point plan for upgrading China-Africa cooperation
Published
4 years agoon
Chato, Tanzania | XINHUA | The 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) has achieved great success and become a new monument to China-Africa friendly cooperation, Chinese State Councilor and Foreign Minister Wang Yi said Friday.
Wang made the remarks at a joint press conference here with Tanzanian Minister of Foreign Affairs and East African Cooperation Palamagamba Kabudi during his official visit to the African country.
Wang noted that over the past two years, China has fully implemented the eight major initiatives with African countries proposed at the Beijing Summit.
Cooperation in areas of industrial promotion, infrastructure connectivity, trade facilitation, green development, capacity building, health care, people-to-people exchange, and peace and security have been carried out in a comprehensive way, he said, adding that the overall implementation rate has exceeded 70 percent.
Noting that China-Africa cooperation on the “Belt and Road” is progressing smoothly, Wang said over 1,100 cooperation projects continue to operate during the epidemic.
Meanwhile, nearly 100,000 Chinese technical and engineering personnel also stick to their posts to coordinate and promote epidemic prevention and control as well as resume work and production, making important contributions to local economic and social development.
The friendship between Chinese and African people has continued to grow and the two sides have established 11 pairs of new sister cities, bringing the total number to 150, said Wang,
Furthermore, the China-Africa Institute has been inaugurated, a number of Confucius Institutes have been set up in Africa and exchanges in sectors of sports, health, tourism and youths between the two sides have yielded fruitful results, Wang added.
Wang noted that despite the impact of the COVID-19 pandemic, it will not stop China and Africa from moving forward together. The two sides are scheduled to hold a new session of the FOCAC in Senegal later this year.
“China is ready to enhance communication with our African friends and we will carefully design the outcomes of the meeting and upgrade China-Africa cooperation based on the new situation, new needs and new opportunities of China-Africa cooperation,” said Wang.
A seven-point plan for upgrading of China-Africa cooperation is also proposed by Wang.
- –China will strengthen health cooperation, work together with Africa to completely defeat the epidemic, help Africa enhance its capacity to prevent and respond to major diseases, and jointly build a “Healthy Africa”.
- –China will enhance production capacity cooperation and upgrade China-Africa project cooperation to a more clustered, large-scale, industrialized and localized scale. China will help Africa raise its capacity for independent production and jointly build a “Made in Africa”.
- –China will strengthen regional connectivity, explore China-Africa free trade cooperation, and help Africa enhance internal infrastructure connectivity, unimpeached trade and financial integration so as to jointly build an “Inter-connected Africa”.
- –China will strengthen agricultural cooperation, carry out cooperation in grain production, storage and transportation, help Africa strengthen its food security and guarantee capability to jointly build a “Harvest Africa”.
- –China will strengthen digital cooperation, give full play to China’s technological advantages, help Africa seize the opportunity of the information revolution and jointly build a “Digital Africa”.
- –China will carry out environmental protection cooperation, practice the concept of sustainable development, help Africa improve its ability to cope with climate change and jointly build a “Green Africa”.
- –China will strengthen military security cooperation, promote political solutions of critical issues in Africa, help Africa enhance its peacekeeping and anti-terrorism capabilities, and jointly build a “Safe Africa”.
Wang also expressed confidence that with the joint efforts of both sides and under the guidance of the forum mechanism, China-Africa cooperation will continue to bear fruits and make greater contribution to the building of a closer China-Africa community with a shared future.
****
XINHUA
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DEFENDING LAND AND ENVIRONMENTAL RIGHTS
Statement: The Energy Sector Strategy 2024–2028 Must Mark the End of the EBRD’s Support to Fossil Fuels
Published
1 year agoon
September 27, 2023The European Bank for Reconstruction and Development (EBRD) is due to publish a new Energy Sector Strategy before the end of 2023. A total of 130 civil society organizations from over 40 countries have released a statement calling on the EBRD to end finance for all fossil fuels, including gas.
From 2018 to 2021, the EBRD invested EUR 2.9 billion in the fossil energy sector, with the majority of this support going to gas. This makes it the third biggest funder of fossil fuels among all multilateral development banks, behind the World Bank Group and the Islamic Development Bank.
The EBRD has already excluded coal and upstream oil and gas fields from its financing. The draft Energy Sector Strategy further excludes oil transportation and oil-fired electricity generation. However, the draft strategy would continue to allow some investment in new fossil gas pipelines and other transportation infrastructure, as well as gas power generation and heating.
In the statement, the civil society organizations point out that any new support to gas risks locking in outdated energy infrastructure in places that need investments in clean energy the most. At the same time, they highlight, ending support to fossil gas is necessary, not only for climate security, but also for ensuring energy security, since continued investment in gas exposes countries of operation to high and volatile energy prices that can have a severe impact on their ability to reach development targets. Moreover, they underscore that supporting new gas transportation infrastructure is not a solution to the current energy crisis, given that new infrastructure would not come online for several years, well after the crisis has passed.
The signatories of the statement call on the EBRD to amend the Energy Sector Strategy to
- fully exclude new investments in midstream and downstream gas projects;
- avoid loopholes involving the use of unproven or uneconomic technologies, as well as aspirational but meaningless mitigation measures such as “CCS-readiness”; and
- strengthen the requirements for financial intermediaries where the intended nature of the sub-transactions is not known to exclude fossil fuel finance across the entire value chain.
Source: iisd.org
Download the statement: https://www.iisd.org/system/files/2023-09/ngo-statement-on-energy-sector-strategy-2024-2028.pdf
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SPECIAL REPORTS AND PROJECTS
Will more sovereign wealth funds mean less food sovereignty?
Published
2 years agoon
April 13, 2023- 45% of Louis Dreyfus Company, with its massive land holdings in Latin America, growing sugarcane, citrus, rice and coffee;
- a majority stake in Unifrutti, with 15,000 ha of fruit farms in Chile, Ecuador, Argentina, Philippines, Spain, Italy and South Africa; and
- Al Dahra, a large agribusiness conglomerate controlling and cultivating 118,315 ha of farmland in Romania, Spain, Serbia, Morocco, Egypt, Namibia and the US.
Sovereign wealth funds invested in farmland/food/agriculture (2023)
|
|||
Country
|
Fund
|
Est.
|
AUM (US$bn)
|
China
|
CIC
|
2007
|
1351
|
Norway
|
NBIM
|
1997
|
1145
|
UAE – Abu Dhabi
|
ADIA
|
1967
|
993
|
Kuwait
|
KIA
|
1953
|
769
|
Saudi Arabia
|
PIF
|
1971
|
620
|
China
|
NSSF
|
2000
|
474
|
Qatar
|
QIA
|
2005
|
450
|
UAE – Dubai
|
ICD
|
2006
|
300
|
Singapore
|
Temasek
|
1974
|
298
|
UAE – Abu Dhabi
|
Mubadala
|
2002
|
284
|
UAE – Abu Dhabi
|
ADQ
|
2018
|
157
|
Australia
|
Future Fund
|
2006
|
157
|
Iran
|
NDFI
|
2011
|
139
|
UAE
|
EIA
|
2007
|
91
|
USA – AK
|
Alaska PFC
|
1976
|
73
|
Australia – QLD
|
QIC
|
1991
|
67
|
USA – TX
|
UTIMCO
|
1876
|
64
|
USA – TX
|
Texas PSF
|
1854
|
56
|
Brunei
|
BIA
|
1983
|
55
|
France
|
Bpifrance
|
2008
|
50
|
UAE – Dubai
|
Dubai World
|
2005
|
42
|
Oman
|
OIA
|
2020
|
42
|
USA – NM
|
New Mexico SIC
|
1958
|
37
|
Malaysia
|
Khazanah
|
1993
|
31
|
Russia
|
RDIF
|
2011
|
28
|
Turkey
|
TVF
|
2017
|
22
|
Bahrain
|
Mumtalakat
|
2006
|
19
|
Ireland
|
ISIF
|
2014
|
16
|
Canada – SK
|
SK CIC
|
1947
|
16
|
Italy
|
CDP Equity
|
2011
|
13
|
China
|
CADF
|
2007
|
10
|
Indonesia
|
INA
|
2020
|
6
|
India
|
NIIF
|
2015
|
4
|
Spain
|
COFIDES
|
1988
|
4
|
Nigeria
|
NSIA
|
2011
|
3
|
Angola
|
FSDEA
|
2012
|
3
|
Egypt
|
TSFE
|
2018
|
2
|
Vietnam
|
SCIC
|
2006
|
2
|
Gabon
|
FGIS
|
2012
|
2
|
Morocco
|
Ithmar Capital
|
2011
|
2
|
Palestine
|
PIF
|
2003
|
1
|
Bolivia
|
FINPRO
|
2015
|
0,4
|
AUM (assets under management) figures from Global SWF, January 2023
|
|||
Engagement in food/farmland/agriculture assessed by GRAIN
|
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SPECIAL REPORTS AND PROJECTS
Farmland values hit record highs, pricing out farmers
Published
2 years agoon
November 21, 2022UNCCD COP16: NGOs issue a stark warning and call for urgent actions to deal with the escalating threats of desertification, land degradation, and drought.
A bail application for the 15 EACOP activists failed to take off, and they were remanded back to Prison.
Land grabbers evict 360,000 Ugandans in 2024
Forced Land Evictions in Uganda: Tenure and food insecurity on the rise…
A bail application for the 15 EACOP activists failed to take off, and they were remanded back to Prison.
Breaking: There has been an alarming Rise in Forced Land Evictions in Uganda; over 360,000 Ugandans were Displaced in the First Half of 2024.
Appellate Division of the East African Court of Justice (EACJ) rejects the request to dismiss the EACOP appeal case.
Breaking: 15 Anti-EACOP Activists have been charged with common nuisance and remanded to Luzira prison.
Innovative Finance from Canada projects positive impact on local communities.
Over 5000 Indigenous Communities evicted in Kiryandongo District
Petition To Land Inquiry Commission Over Human Rights In Kiryandongo District
Invisible victims of Uganda Land Grabs
Resource Center
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- African Faith Leaders Demand Reparations From The Gates Foundation.
- GUNS, MONEY AND POWER GRABBED OVER 1,975,834 HECTARES OF LAND; BROKE FAMILIES IN MUBENDE DISTRICT.
- THE SITUATION OF PLANET, ENVIRONMENTAL AND LAND RIGHTS DEFENDERS IS FURTHER DETERIORATING IN UGANDA AS 2023 WITNESSED A RECORD OF OVER 180 ATTACKS.
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