Document Type
Paper
Publication Date
3-2025
Abstract
Public banking of land for private investment appears to have emerged since the 2007–2008 global financial crisis as a common yet under-researched policy mechanism. A snapshot investigation revealed that a number of countries, particularly low- and middle-income countries (including Botswana, Ethiopia, Ghana, India, Indonesia, Kenya, and Tanzania), have attempted or are pursuing land banking policies to encourage large-scale land-based investment (LSLBI). Information about these mechanisms, including their existence and efficacy, is scant. If not done responsibly, land banking for this purpose could have far-reaching implications for local communities and risks perpetuating the same problems associated with LSLBI that decades of study have revealed. This issue paper recommends careful consideration of land banking for LSLBI as a policy mechanism and deeper research to better understand its implications for sustainable development.
Disciplines
Land Use Law | Law
Recommended Citation
Anna Bulman, Thierry Berger, Esther Akwii, and Grace Brennan. Land Banking for Large-Scale Land-Based Investment: A Responsible Investment Perspective. (ALIGN: Advancing Land-based Investment Governance, Columbia Center on Sustainable Investment (CCSI) and International Institute for Environment and Development (IIED), March 2025) https://ccsi.columbia.edu/sites/ccsi.columbia.edu/files/content/docs/publications/ALIGN3-Land%20banking-Issue%20paper-March%202025.pdf
Available at: https://scholarship.law.columbia.edu/sustainable_investment/54
