ABSTRACT

This chapter critically analyses the multilateral organisations' response to the investment deals via the Code; in particular how they respond to the criticisms levelled at the deals and the risks the deals create for all stakeholders. As a looming crisis of the modern world with significant implications for the well-being of all peoples, food security is gaining the attention of world leaders and global institutions. Many states are starting to look towards securing their future food supplies, which has gathered increasing criticism from observers, is the growing phenomenon of "grabs" of agricultural land in the developing world by certain countries. The purpose of these deals is usually to secure food production for export back to these countries' domestic markets. The chapter examines the Code of Conduct as the primary response by international organisations and argues that the Code is weak as a proposed mechanism for addressing the deals for legal and political reasons.