Water Diplomat News Logo
Water Diplomat Logo
Water Diplomat News Logo

Harvard Endowment Fund Accused Of Land Grabs Causing Denial Of Indigenous People's Water Access

This is only an excerpt! Sign up for a free trial to receive CURRENT Daily Water Briefings or Weekly Water Newsletters. License Holders sign in to read the full text.

WASHINGTON, United States

An investigative report has accused Harvard University’s endowment fund of using an opaque corporate structure to acquire control of farmland across five continents during the past 10 years.

This mmonth's report by two non-profits supporting agrarian and social movements highlights case studies in Brazil where the endowment fund’s land acquisitions have been concentrated in the northeast region of the country. The farmland in this area is described as being grabbed at an alarming rate by agribusiness companies for the large-scale production of commodity crops like soybeans and sugarcane.