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Tuesday, March 8, 2011

IFC must demonstrate its commitment to respect human rights Joint Civil Society Statement on IFC's Draft Sustainability Framework http://brettonwoodsproject.org/art.shtml?x=567851

In December 2010, the International Finance Corporation (IFC) published the final proposed draft of its revised Sustainability Framework, which is intended to manage social and environmental risks associated with IFC activities. The undersigned civil society organisations are writing to express our deep concern that the current draft does not include adequate safeguards to ensure that the human rights of people and communities affected by IFC’s activities are respected and protected. Indeed, the removal of references to human rights that were included by IFC in its previous draft creates an impression that IFC is willing to pursue investment and development at the expense of human rights.

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