Oxfam's publication Land and Power reveals that as much as 227 million hectares of land has been sold, leased or licensed in large-scale land deals since 2001, mostly by international investors. Lack of transparency and the secrecy that surrounds land deals makes it difficult to get exact figures but to date up to 1,100 of these deals amounting to 67 million hectares have been cross checked. Half of these deals are in Africa, and cover an area nearly the size of British Columbia.
This modern day land rush follows a drive to produce enough food for people overseas, meet damaging biofuels targets or speculate on land to make an easy profit. However, many of the deals are in fact 'land grabs' where the rights and needs of the people living on the land are ignored, leaving them homeless and without land to grow enough food to eat and make a living.