“FMO takes further measures to respect human rights”, 27 Sep 17

…FMO, the Dutch development bank, launched new policy (“Position Statements”) that will embed and implement broad measures to identify and respect human rights in investment projects. This effort is the next concrete step in respecting of human rights following the signing of the Dutch Banking Sector Agreement a year ago, when the Dutch banking sector agreed to increase their responsibility to respect human rights in their investment activities….The Bank announced that it will increase its dedicated resources, broaden its focus to explicitly and systematically address human rights in due diligence and across the investment process, step up structural dialogue with key stakeholders and prepare to report on human rights performance as of 2018…Strengthening measures to systematically verify broad community support and Free Prior Informed Consent (FPIC)…Piloting Human Rights Risk Assessments…