Liberia Development of a Model Agricultural Concessions Agreement
Client: International Finance Corporation
Year Completed: 2008
The goal of the assignment was to support the development of a Model Concession Agreement that provided the Liberian Ministry of Agriculture with a practicable and transparent framework when it comes to negotiating new concessions or renewing, as applicable, existing concessions. This model agreement developed was a template in which the key variables that need negotiation with the investor were highlighted, and specified those issues explicitly excluded from concession contracts. An accompanying guidance manual defined the key issues to be negotiated (the variables), and outlined current international good practice public policy options for each. The model addressed aspects such as fiscal and land tenure, but also issues related to communities, including water, food security issues, out-grower schemes, revenue distribution, and biodiversity concerns (mitigation and/or offsets).