European Development Finance Institutions and land grabs. The need for further independent scrutiny

Highlights the role of European Development Finance Institutions (DFIs) in possible land grabs and questionable forestry projects in Africa. Documents 9 cases involving 8 of the European DFIs in Cameroon, DR Congo, Sao Tome, Sierra Leone, Tanzania and Uganda. Raises the need for more independent research into these projects and for much more scrutiny of DFI investment portfolios, both by DFIs themselves and national parliaments. DFIs need to be placed under proper democratic scrutiny and their investments held to account by parliaments. DFIs must subject their investments to better screening to ensure they do not contribute to land grabs or deforestation.