350 likes | 380 Vues
Join us in Southern Sudan's sustainable agriculture initiative, bridging governance gaps for long-term viability. Explore investment opportunities for agro-forestry in partnership with local communities. Make a difference with informed, impactful investments.
E N D
Southern Sudan Sustainable Ag-For Fund: Human Rights and Profit in Sudan Greg Carlson Sergio Ibarra Bolanos Justin Overdevest
Playing the Land Grab… Since 2004, 6.5 million acres and growing…
Geographic Focus: Southern Sudan • Human Rights & Potential Partnerships • Agricultural Opportunity: Ag Land + Potential • Changing Governance
Opportunity: Crossing the Chasm • Land and Agriculture • Carbon • Water
Market Opportunity • Focus: Long-term viability and sustenance of the land and its people rather than short term extraction • Inefficiencies • Market: this land grab strategy has inherent ecological, social, and political risk • Information: Both an inefficient as a market and lack of credible and important information. As well most land grab players have no ag experience
Investment Vehicle: Starts with Structure • Local Mkt. % • Farmer Equity • + Community Impact • Agro-forestry Priority 1: Develop Land Trust Donations provide necessary capital for community members Investor funds go to accessing lands for agro-forestry products
MFI Returns Model Builds off of Structure • Co-op Priority 2: Develop Returns Model Co-operative Formed in Community + MFI • non-MFI • Land Trust • MFI • Individual Farmers • non-MFI
2009: Southern Sudan Investment Promotion Act • For the first time, an Investment Authority has been established in Southern Sudan that provides “investment guarantees and incentives .” • Particular Investment Focus: Agriculture • “Indeed, the Southern Sudanese are very eager to attract investment and if a company comes with plans to invest, they will rarely be turned away.”
Investors • Institutional: • Pension Funds (TIAA-CREF Global Microfinance Investment Program) • Socially-driven Funds (Threshold, Heirs Ltd., Root Capital) • Individuals • Foundations • Charitable Trusts
Partners • NGOs – Coordination on the ground • Farm Africa (Rehabilitation of Agricultural Livelihoods in Southern Sudan) • Oxfam (Extensive history of NGO Collaboration to fight poverty and injustice) • USAID (FARM project: Agricultural infrastructure development in Southern Sudan) • MFIs – Local Financial Expertise • BRAC (Global Network) • SUMI (Sudan Microfinance Institution)
Currency Spectrum Layered Structure Blending Investment Motivations and Financial Returns Impact First Financial First NGOs Charitable Trusts Foundations MFIs • Pension Funds • Banks • Impact Investors
MFIs in Southern Sudan • World Bank: “Overall, the MFIs in Southern Sudan experience a low default rate. • But, only 1% coverage of potential market in Southern Sudan • Constraint to the provision of microfinance: Access to Funds
Land Acquisition • Avg. Investment in Community Land = 271,000 ha • Avg. Investment in Government Land = 8,250 ha
Land Availability • 58,337,800 ha of total available land • 3,785,000 ha of available land in Green Belt region • Large potential for responsible land investment
Lease Structures • Lease periods : Some up to 99 years • Terms: • Yearly Payments (Green Resources) • Lump Sum (Eyat Oilfield Services) • Combinations w/ royalty deposits (Central Equatoria Teak)
Target Structure • Work with communities AND involve government from onset • Strive for maximum possible lease • Examples • 99 yr. Lease of 179,000 ha • $12,500/yr. payments to local communities • Local Development Goals • Community and Government Engagement!
Agricultural Risk % Ag. Corruption
Country Risk • Voiding of leases by government • Land disputes • Conflict • Community Opposition • Mitigation: Community and Government Involvement ; Partnerships are key!
Impact: Environmental • Reduced land degradation through sustainable farming • Food and Natural Resource Security • Wildlife Preservation
Impact: Societal • Community Land Protection • Avoided Landgrab and Community Displacement • Human Rights Assurance
Impact: Economic • Local Economic Development • Labor-Intensive Farming • Thriving Agricultural Industry
Moving the Needle • Potential impact is enormous: Sudan, Africa and the World • Bringing sustainable land management to post-CPA Southern Sudan • Developing a thriving economy not based solely on oil revenue • Scalability: 58 Million ha of available land with favorable investment climate
Moving the Needle • “I urge investors worldwide to come and invest in Southern Sudan. In terms of agriculture, it will be the breadbasket of the region and the world.” • President SalvaKiir, Southern Sudan
Sources • “The New Frontier: A baseline survey of large-scale land-based investments in Southern Sudan.” Norwegian People’s Aid, 2011. • “Expanding the Provision and Impact of Microfinance in Southern Sudan.” Melody Atil, World Bank, 2009. • “Government Woos Investors to South Sudan.” Juma John Stephen, 2009. www.gurtong.net. • Oxfam: http://www.oxfam.org.uk/resources/learning/landrights/intro.htmlhttp://www.oxfamblogs.org/fp2p/?p=4793 • International Land Coalition:http://www.commercialpressuresonland.org/research-papers/unravelling-land-grab-how-protect-livelihoods-poor • Bloomberg: http://www.bloomberg.com/news/2011-03-24/foreign-investors-grab-land-in-southern-sudan-norwegian-aid-group-says.html • Cotula, Lorenzo. Land Grab or Development Opportunity?: Agricultural Investment and International Land Deals in Africa. London: IIED, Food and Agricultural Organization. 2009. Print. • Green, Duncan. From Poverty to Power: How Active Citizens and Effective States Can Change the World. Oxford: Oxfam International, 2008. Print. • Yahoo News: South Sudan land grab threatens rights: report http://news.yahoo.com/s/afp/20110322/wl_africa_afp/sudansouthlandrights_20110322181349 • Farm Land Grab. “Jarch doubles its Sudanese empire” http://farmlandgrab.org/post/view/2960
Sources (Cont.) • agricommodityprices: http://www.agricommodityprices.com/ • The 50 Top Microfinance Institutions, Forbes http://www.forbes.com/2007/12/20/microfinance-philanthropy-credit-biz-cz_ms_1220microfinance_table.html • Microfinance Information Exchange http://www.mixmarket.org/ • Agriculture.com http://www.agriculture.com/ • (2009). Expanding Agriculture and Food Security Activities in Southern Sudan. Juba, Sudan: United States Agency for International Development. Retrieved May 15th, 2011, from http://pdf.usaid.gov/pdf_docs/PNADQ841.pdf. • World Corruption Index http://www.worldaudit.org/corruption.htm