RSFIA Social Dimensions Minimum Safeguards Opening : Minimum Safeguards and National Taxonomies and Social Standards used by the IFIs and UN agencies (Presentaion)

Overview & Synopsis

Document discusses minimum requirements for safeguards: 1 Compliance with international guidelines and conventions: Economic activities must align with internationally recognized standards, guidelines, and related to human rights, labour rights, and governance; 2 Respect for human rights: Activities should respect human rights, as defined in the Universal Declaration of Human Rights, and should not be associated with any human rights abuses. 3. Labour rights: Economic activities must comply with core labour standards defined by the International Labour Organization (ILO) and promote fair and safe working conditions, including the prohibition of forced and child labour; 4 Good governance: Activities should adhere to transparent and accountable governance practices, including measures to prevent corruption, bribery, and unethical behaviour; 5 Anti-money laundering and countering the financing; of terrorism: Economic activities should have measures in place to combat money laundering and the financing of terrorist activities.