In the last few years, interest in purchases and long-term leases of farmland in lower and middle-income countries has grown substantially...The research undertaken by IIED, FAO and IFAD has shown that 90% of acquired land areas involve privately owned companies – mainly agribusiness...Increasing investment in agriculture is vital to achieving higher productivity and greater food production... however, poorly managed investment can deprive local communities and smallholders from access to resources essential to sustain their livelihoods...Oxfam and IIED’s view is that responsible inclusive agricultural investment – if appropriately designed and implemented – can support recipient countries to develop their own sustainable growth strategies, ensure food and water security for the population, and informed consent from local communities. [refers to APG, Credit Suisse, UBS, Schroders, Barclays Capital, Nomura, ING]