Government Briefing: Incorporating Free, Prior and Informed Consent (FPIC) into Investment Approval Processes
Resource information
Date of publication
Junho 2020
Resource Language
Pages
9
This briefing explains how host government agencies involved in investment processes can effectively apply FPIC to:
1. Facilitate the right kind of investments, which operate responsibly and support sustainable development
2. Increase business confidence by fostering a stable and participatory investment environment
3. Comply with international law and align approval processes with industry standards and best practices
4. Avoid and mitigate financial, political, and legal risks
5. Manage potential conflicts that risk violating human rights and damaging business operations and the national interest.
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Geographical focus