The Highest Bidder Takes It All: The World Bank’s Scheme to Privatize the Commons
December, 2018
Tenure risk – or the risk of dispute between investors and local people over land or natural resource claims – is endemic in emerging markets. There are hundreds of recorded incidents of tenure disputes creating delays;violence, project cancellation and even bankruptcy at a corporate level. These tenure disputes create lose-lose outcomes for investors;local people and national governments;while robbing emerging markets of the developmental benefits of responsible land investments. However;many investors are unaware of the problem or lack the time and resources to address it.