Ahead of the World Bank’s 2025 Land Conference starting on May 5th in Washington D.C., a new Oakland Institute report exposes how the financial institution is using the pretext of climate crisis to push a global land “reform” agenda that favors corporate interests at the expense of people and the planet.

Climatewash: The World Bank’s Fresh Offensive on Land Rights reveals how the Bank is appropriating climate commitments made at the Conference of the Parties (COP) to justify its multibillion-dollar initiative to “formalize” land tenure across the Global South. While the Bank claims that it is necessary “to access land for climate action,” Climatewash uncovers that its true aim is to open lands to agribusiness, mining of “transition minerals,” and false solutions like carbon credits – fueling dispossession and environmental destruction. Alongside plans to spend US$10 billion on land programs, the World Bank has also pledged to double its agribusiness investments to US$9 billion annually by 2030.

“Hijacking the climate crisis, the Bank is attempting to breathe new life and political buy-in to an agenda it has pushed in the Global South for several decades – often met with resistance from local communities against the commodification of their land for exploitation and extraction,” said Frédéric Mousseau, Policy Director of the Oakland Institute and lead author of the report. “Instead of strengthening and securing land rights, this plan will enable land grabs and exacerbate inequity and climate destruction,” he continued.

Climatewash details how the Bank’s land programs and policy prescriptions to governments dismantle collective land tenure systems and promote individual titling and land markets as the norm, paving the way for private investment and corporate takeover. These reforms, often financed through loans taken by governments, force countries into debt while pushing a “structural transformation” that displaces smallholder farmers, undermines food sovereignty, and prioritizes industrial agriculture and extractive industries.

Drawing on a thorough analysis of World Bank programs from around the world, including case studies from Indonesia, Malawi, Madagascar, the Philippines, and Argentina, Climatewash documents how the Bank’s interventions are already displacing communities and entrenching land inequality. The report debunks the Bank’s climate action rhetoric. It details how the Bank’s efforts to consolidate land for industrial agriculture, mining, and carbon offsetting directly contradict the recommendations of the IPCC, which emphasizes the protection of lands from conversion and overexploitation and promotes practices such as agroecology as crucial climate solutions.

“There is a blatant contradiction between the Bank’s narrative of accessing land for climate action and its support for industrial agriculture, which is a major driver of climate change and biodiversity loss,” said Andy Currier, Policy Analyst and co-author of the report. “The Bank’s fresh offensive on land rights highlights an untenable position of the institution. It claims to support climate action while it stands by its core objective – catering to corporate and financial powers seeking more economic growth and profits,” he concluded.

Source: oaklandinstitute.org