With conflicts erupting around the world over dwindling #water sources, financial vultures are swooping in to grab control & pump what’s left into the production of water-thirsty export crops🥑🫐. Much of the money fueling this comes from workers’ pensions https://grain.org/e/7039
Squeezing communities dry: water grabbing by the global food industry
Pension fund managers, private equity firms and other financial players are moving aggressively to snatch up lands around the world with access to water for irrigation. Their strategy is to pump as much water as they can and as fast as they can into the production of crops, like fruits and nuts, that reap high prices in export markets.
