The article may be accessed here.
The abstract follows.
Building on the previous events, the fourth annual Forum will focus on:
- Strengthening multi-stakeholder dialogue and engagement
- Discussing effective ways to measure and report on progress to implement the Guiding Principles
- Discussing national action plans to implement the Guiding Principles
- Exploring access to effective remedy
- Examining current practice of States and business enterprises and “unpacking” what implementation of the Guiding Principles means in concrete areas
In March 2015 the Independent Expert on the effects of foreign debt on human rights submitted a report to the Human Rights Council (A/HRC/28/59) discussing the issue of financial complicity analysing the impact that lending may have on Governments engaged in gross human rights violations. The report intends to contribute to a better understanding of when financial support may contribute to, or sustain the commission of, large-scale gross human rights violations by sketching a rational choice framework premised on the incentives of authoritarian Governments and private and official lenders. In the report, the Independent Expert reviews the existing empirical evidence of the relationship between sovereign financing, human rights practices and the consolidation of Governments engaged in gross violations of human rights. Finally, the Independent Expert presents some interim conclusions and invites stakeholders to discuss them. The legal and policy implications of financial complicity will be discussed in a future study. (Press Release here;
At the 26th session of the UN Human Rights Council in Geneva, two resolutions were tabled for adoption by the Council. The first is a resolution drafted by Ecuador and South Africa and signed also by Bolivia, Cuba and Venezuela. . . . It directs "to establish an open-ended intergovernmental working group with the mandate to elaborate an international legally binding instrument on Transnational Corporations and Other Business Enterprises with respect to human rights." (Business and Human Rights Resource Center, Binding treaty: Pros and cons (June 2014).