Experts warn of impending food crisis as wealthy corporations & nations have been snapping up water & land resources

…food and water supplies, corporations and investors in wealthy countries are buying up foreign farmland and the freshwater perks that come with it.

From Sudan to Indonesia, most of the land lies in poverty-stricken regions, so experts warn that this widespread purchasing could expand the gap between developed and developing countries.

“Societal pressure on the global land and freshwater resources is increasing as a result of the rising food demand by the growing human population, dietary changes, and the enhancement of biofuel production induced by the rising oil prices and recent changes in United States and European Union bioethanol policies. Many countries and corporations have started to acquire relatively inexpensive and productive agricultural land located in foreign countries, as evidenced by the dramatic increase in the number of transnational land deals between 2005 and 2009. Often known as “land grabbing,” this phenomenon is associated with an appropriation of freshwater resources that has never been assessed before. Here we gather land-grabbing data from multiple sources and use a hydrological model to determine the associated rates of freshwater grabbing. We find that land and water grabbing are occurring at alarming rates in all continents…”