Summary

In the present report, submitted to the Human Rights Council pursuant to Council resolutions 17/4 and 44/15, the Working Group on the issue of human rights and transnational corporations and other business enterprises clarifies the ways in which the “United Nations Guiding Principles on Business and Human Rights: Implementing the United Nations ‘Protect, Respect and Remedy’ Framework” apply to development finance institutions. The report examines the gaps, opportunities, and positive practice examples when it comes to applying human rights due diligence to development finance institutions, and what remedy means in the context of development finance.