FFCSA submits responses to UN call for input on DFIs and Human Rights.
Purpose: Report to be presented to the Human Rights Council in June 2023
Background
In its stocktaking exercise of the implementation of the UNGPs over the first decade since their adoption, the Working Group recognized that ‘financial actors have an unparalleled ability to influence companies and scale up on the implementation of the Guiding Principles1. With ‘financial actors’ understood here to include public DFIs as well as private sector finance institutions that often co-finance with other commercial banks and investors, these actors are central to pushing forward the realization of the UNGPs 10+ Roadmap for the next decade of business and human rights.
Read the full article Here: https://www.ohchr.org/sites/default/files/documents/issues/development/wg/cfi-financialinstitutions/submissions-dfi-hrc53-cso-fair-finance-coalition-southern-africa.pdf
