Finnfund invites comments on its draft Human Rights Statement; activist group responds

In preparation for publishing its Human Rights Statement, Finnish development finance fund, Finnfund, invited stakeholders to submit comments on its first draft. Activist specialist group Indigenous People and the Earth responded to Finnfund's call, calling for meaningful engagement particularly with indigenous communities and human rights defenders. The group is also calling for more transparency in the trial for the murder of Berta Cáceres for her opposition to the Agua Zarca dam.

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Article
15 November 2018

How Finnfund Continues to Endanger the Human Rights with the Draft Human Rights Statement

Author: Meri Mononen-Matias & Indigenous People and the Earth, activist specialist group (Finland)

We are attaching a document with our comments on the Finnfund’s call on the 1st of November 2018 for comments on the Finnfund’s Human Rights statement draft...

We join the worry of the European Parliamentarians as seen in the recent statement on the failing murder trial of Berta Cáceres that shows in detail how fragile a country Honduras is https://eulatnetwork.org/members-of-the-european-parliament-express-their-concern-at-the-murder-trial-of-berta-caceres/...

Our activist specialist group members have contributed in the analysis of Finnfund and the Agua Zarca -case since the murder of Berta Cáceres in 2016 in order to help so that Finnfund takes note on the International law that they say they are committed to...

Finnfund does not duly assess even the overall impacts in sectors which Finnfund favors...

Thus, as far as Finnfund really has made human rights impact assessments which are particularly necessary in projects located in the areas where indigenous people live and has ’all information relevant to the possible human rights impact of the project’, such knowledge on human rights impacts can not be a business secret. It should be publicly and transparently available for all those whose rights are affected, to be reviewed by them...

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Article
1 November 2018

Finnfund invites comments on the human rights statement draft

Author: Finnfund

Preparing to its human rights statement, Finnfund wishes to give all those willing to comment on the first draft a chance to do so... 

Finnfund’s mission is to build a better world by investing in responsible and profitable businesses in developing countries. Finnfund holds human rights in high regard and conducts its business with a view to respect and promote internationally recognized human rights. The Human Rights Statement will be an integral part of Finnfund’s Environmental and Social Policy...

Discussions with NGOs, businesses and other experts have played a key role in preparing the statement. In addition to several [...] Finnfund held a roundtable discussion on UNGP and human rights in development financing...

Finnfund will work on the human rights statement taking into account the feedback it will receive. Finnfund will also provide its stakeholders with an opportunity to discuss the substance of the policy and the feedback received.

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