On February 5, RRI released its annual review on the state of rights and resources for 2012-2013, Landowners or Laborers: What choice will developing countries make? The review identifies the key choices and challenges that emerged in 2012 for forest rights and tenure globally. It was launched at a panel discussion attended by over 110 people, co-hosted by RRI and FPP at the Royal Society in London. RRI also launched another new analysis at the same event, The Financial Risks of Insecure Land Tenure: An Investment View. This paper investigates the real financial consequences of investing in land with disputed tenure rights. The findings demonstrate that companies and their investors can face substantial risks when they overlook or underestimate the land tenure contestation in rural areas.