Financial Times FT.com

The world must learn to live and farm sustainably

By Taro Aso

Published: July 5 2009 20:08 | Last updated: July 5 2009 20:08

Food security will be the highlight of the discussion when the heads of 27 countries and 11 organisations meet on Friday at the Group of Eight summit in L’Aquila. I expect substantial progress to be made, particularly on aid to countries affected by the food crisis. I will also make a new proposal to promote responsible foreign investment in agriculture, in the face of so-called “land grabs” – the growing trend for large-scale investment in farmland across the developing world.

A year has passed since this phenomenon first gained attention, and new deals continue to hit the headlines. The United Nations special rapporteur called for a set of principles, and the African Union discussed the issue at its summit last week. What is needed now is for concerned parties to frame a co-ordinated global response. Japan, as the world’s largest net food importer and a major donor in agricultural development, believes it has a role to play.

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