With the
world on the brink of the biggest infrastructure boom in history,
infrastructure project funding is increasingly slated for the Global South.
Here the projects are often located in environmentally and socially sensitive
areas, including on lands inhabited by indigenous peoples and other vulnerable
groups. While these projects can have great benefits, they can equally
constitute serious threats to already marginalized groups. At the same time,
the models for financing new infrastructure are growing increasingly complex,
with the creation of new institutions such as the Asian Infrastructure
Investment Bank and the Global Infrastructure Facility, and a call for growing
private sector involvement.
Against
this backdrop, Natural Justice, Columbia University’s Institute for the Study
of Human Rights, Center of Concern, the Heinrich Böll Foundation, and Inclusive
Development International, with the support of the 11th Hour Project,
co-organized a brainstorming workshop to bring together experts in finance,
development finance, infrastructure development, and human rights. The workshop
took place over two days (21-22 April 2016) at Columbia University. The purpose
of the workshop was to build an understanding of the current system and projected
future financial models and develop a plan for where to focus efforts in order to ensure that financers of infrastructure are accountable to
international human rights standards.
The
workshop served as an opportunity for people from many different backgrounds –
private finance, pension funds, the UN, civil society, academics, and others –
to sit together and share information and experiences on financing
infrastructure. It was clear from the workshop that while so called “downstream”
accountability (e.g. remedies after harm has occurred) is critical, building
more accountability at the “upstream” (e.g. project design, procurement) level
is equally important. Unless human rights impacts are taken into account in
project design and financing, communities will always be playing catch up during
implementation.
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