Call for Immediate Action on Financial Speculation on Food Commodities | World Development Movement

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Food campaign news

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Call for Immediate Action on Financial Speculation on Food Commodities

Statement signed by over 100 European and international organisations calling for speculation on food prices by banks and hedge funds to be reined in.

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Food spec statement 02.2011.pdf

Food spec statement 02.2011.pdf 21.01 KB

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2013

Two years of concerted campaigning by WDM results in Barclays, the UK's biggest player in food speculation and one of the top three globally, announcing that it will no longer trade in food for speculative purposes.

2012

Following a prolonged campaign by a coalition of Scottish NGOs and local pressure groups including WDM Scotland, plans for a new coal-fired power station in Hunterston, North Ayrshire are shelved.

2011

After concerted lobbying by WDM supporters, French oil company Total postpones plans to mine tar sands deposits in one of the poorest regions of Madagascar.

2011

The UK government puts £10 million of its climate finance towards the UN Adaptation Fund, and agrees to give the majority of its funds to the World Bank's climate adaptation fund as grants rather than loans.