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dc.contributor.authorHawkes, Shona
dc.date.accessioned2019-08-19T14:13:59Z
dc.date.available2019-08-19T14:13:59Z
dc.date.issued2019-08-20
dc.identifier.isbn978-1-78748-473-3
dc.identifier.doi10.21201/2019.4733
dc.identifier.urihttp://hdl.handle.net/10546/620854
dc.description<html> <head> <title></title> </head> <body> <p>A community&#8217;s choice to give, or withhold, their free, prior and informed consent (FPIC) to a project or activity planned to take place on their land is a recognized right of Indigenous peoples under international law. It is also a best practice principle that applies to all communities affected by projects or activities on the land, water and forests that they rely on.</p> <p>Increasingly, the banking sector has recognized the importance of free, prior and informed consent. It is incorporated, at least in part, into guidelines and standards such as the Equator Principles. It is also part of the human rights responsibilities and obligations of banks under the UN Guiding Principles on Business and Human Rights (the UNGPs).</p> <p>This discussion paper seeks to start a conversation on what banks must do to put commitments on FPIC into practice. It acknowledges that there are legitimate questions about how banks can operationalize FPIC commitments. It aims to explain clearly why FPIC is important and outlines the forces that are making it a prominent human rights, environmental and governance issue, including, among other aspects, rapidly escalating violence towards people who peacefully speak out on land-related issues. This paper also highlights how FPIC can help banks ensure that they have obtained an accurate situational analysis and help them manage operational, legal, financial, compliance and reputational risks.</p> </body> </html>en_US
dc.format.extent52en_US
dc.language.isoEnglishen_US
dc.publisherOxfamen_US
dc.relation.urlhttp://policy-practice.oxfam.org.uk/publications/consent-is-everybodys-business-why-banks-need-to-act-on-free-prior-and-informed-620854
dc.subjectEconomicsen_US
dc.subjectNatural resourcesen_US
dc.subjectPrivate sectoren_US
dc.subjectRightsen_US
dc.subjectTradeen_US
dc.titleConsent is Everybody's Business: Why banks need to act on free, prior and informed consenten_US
dc.typeBriefing paperen_US
oxfam.signoff.statusFor public use. Can be shared outside Oxfamen_US
oxfam.subject.keywordFree prior and informed consenten_US
oxfam.subject.keywordFPICen_US
oxfam.subject.keywordLand rightsen_US
oxfam.subject.keywordIndigenous rightsen_US
oxfam.subject.keywordBanksen_US
oxfam.subject.keywordInvestmenten_US
oxfam.subject.keywordEthical businessen_US
refterms.dateFOA2019-08-20T00:00:00Z


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