Pension Funds Are Trying to Control Our Food Supply – with Our Money

April 20, 2017

Right now, some of the world’s biggest financial firms are meeting to discuss how to turn farming into a financial product. Farmland, in particular, has been described as being like “gold with yield.”

Since the 2008 financial crisis, big investors have seen acquiring farmland as a safe bet to hedge their investments. Hedge funds, banks, and pension funds are buying farms outright. The pension fund TIAA, which is one of the main sponsors of this week’s Global AgInvesting Conference, actually owns over 1.5


I’m Alarmed at How TIAA Is Investing My Retirement Funds

November 14, 2016

As a person whose work-life as a teacher and as a public policy analyst has been grounded in anthropology, I am very alarmed at the way in which my retirement funds are being used by the investment firm TIAA (formerly Teachers Insurance and Annuity Association—College Retirement Equities Fund) to undermine rural communities in the United States and many other countries through land speculation and land-grabbing.

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Is Your Pension Fund Grabbing Farmland and Violating People’s Rights?

October 31, 2016

Biofuels have a new booster: your pension and retirement fund. Retirement funds are buying millions of acres of farmland in the United States, Brazil, Australia, and elsewhere, citing the world’s growing need for food and raw materials. But these retirement funds aren’t interested in supporting small, family farms or local food systems. They want to make money, and that means expanding large-scale, monocrop agribusiness and industrial biofuels.

The retirement fund TIAA (formerly TIAA-CREF) – which manages the retirements of millions of teachers, professors, and school administrators – is the largest institutional


World Bank Program Forcing Local Communities Off Their Land

March 22, 2018

The current World Bank’s land titling program in northeastern Brazil is a license for land grabbing.

(Washington D.C. March 21, 2018) The World Bank is financing a land titling program in the Brazilian State of Piauí, where large areas of land have been grabbed from local communities and illegally occupied by big agribusiness companies. If the program continues unchecked, it will further open the door for a dangerous rush of “legalized” land grabbing, affecting thousands of families and destroying an important ecosystem.

In Piauí alone, 11,000 farmers face eviction, as 4 million hectares of land are being