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Pergam Finance: Fighting hunger with climate-wise investments
Terry-paz | November 30, 2011 at 11:29 pmby
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The United Nations and the World Bank recently issued statements committing funds to investments in agriculture. The World Bank says that investing in agriculture is one of the best ways to reduce poverty in Africa, as reported by Time magazine in its article titled “Farms cut poverty”.
This climate-wise investment approach is grounded on the fact that by 2050, the world will reportedly be short on food as the earth’s population rises to unimaginable heights. Among numerous factors explaining the future imbalance between resources and populations we can thank China’s middle class as a causal pin in the population’s soon-to-explode balloon, as the country—short on natural resources—begins to move from a grain-based to a meat-based diet.
Pergam Finance seems to have eyed the rising population storm as far back as 2005, anticipating the phenomenon by acquiring South American farmland. The profitable firm, headed by Olivier Combastet, had for some time had a positive view of the potential of assets like agriculture.
Through its South American entity, Campos Orientales, Pergam Finance acquires farmland in Argentina and Uruguay in order to optimize the lands’ potential and diversify crops, rice, livestock and dairy. Olivier Combastet identifies undervalued farmland in South America to transform it into medium to long-term potential to gain revenue for his clients.
Why South America? First, because production potential is one of the highest in the world, and second because of the low price of lands compared with Europe and North America.
As the aforementioned world organizations are battling to adopt climate-friendly agricultural approaches to address the problematic issue of climate change and the necessity to secure natural resources, Pergam Finance’s investment approach seems to be ahead of its time.
Thanks to Pergam Finance, the investment business is taking a much-needed change in direction and shying away from short-term strategies that involve volatile commodities. Instead, as Pergam Finance’s returns on investment show, we’re headed for a bright green future.
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