Global: Slow progress on land-grabbing regulation

As wealthy investors continue to buy up agricultural land in the developing world, stakeholders disagree over how to regulate such transactions. 'Everyone agrees that you can't have a wild-west scenario where countries and companies are going into countries and getting land for next to nothing,' Michael Taylor, programme manager with the International Land Coalition (ILC), a global alliance of land rights organisations, told IRIN from Rome. 'The problem is that there are different entrenched interests and it's hard to reconcile the two sides.'