Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Investment in FAF is one of the most critical ways for ASEAN countries to provide employment and livelihoods, reduce poverty and improve food and nutrition security. However, there are a number of risks associated with private sector investment, particularly foreign investment.
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When done badly, private sector investment can exacerbate existing inequalities, undermine the livelihoods of smallholder farmers,indigenous peoples, and natural resources.
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But when done well, and integrated with the local economy, increased investment can help generate employment and promote economic development. All stakeholders have a role to play in ensuring positive outcomes, and each faces a unique yet interlocking set of risks and challenges.
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Investment in FAF creates challenges for AMS in the following six key areas:
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
The ASEAN RAI and existing global frameworks and guidelines
The ASEAN Guidelines on Promoting Responsible Investment in Food, Agriculture and Forestry (ASEAN RAI) contributes regionally specific guidance on agri-investments to an existing landscape of voluntary sustainability standards and certifications.
However, the ever-increasing number and types of guidance can be confusing for agribusiness and financial investors.
The aim of this page is to:
Reduce fragmentation by demonstrating similarities between the ASEAN RAI and other global standards and principles;
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Demonstrate how the ASEAN RAI adds value to those other principles, because of it’s unique focus on challenges and opportunities in ASEAN
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ASEAN Guidelines for Promoting Responsible Investment in Food, Agriculture and Forestry (ASEAN RAI)
Year Endorsed:
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2018
Target group(s):
ASEAN Member State governments, as well as agribusiness investors, smallholders & SMEs, communities, civil society groups, financial institutions
Industry:
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agriculture, food and forestry
The ASEAN RAI is a guidance instrument based on the Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI Principles) but developed and adopted by the ASEAN Ministers on Agriculture and Forestry in 2018. The ASEAN RAI includes 10 key principles, on social, environmental and governance issues, that public, private and civil society sectors should follow.
Global frameworks and principles that the ASEAN RAI draws on:
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Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT)
Target audience: all relevant stakeholders (emphasis on vulnerable and marginalized people)
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Industry: agriculture (crops, forestry, fisheries)
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The Principles for Responsible Investment in Agriculture and Food Systems by the Committee of World Food Security
(CFS-RAI Principles)
Target audience: all relevant stakeholders
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Industry: agriculture and food systems
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ILO Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy
Target audience: governments of the home and host countries of MNEs, employers’ and workers’ organizations, multinational and national enterprises
Industry: general/sector-agnostic
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The Sustainable Development Goals (SDGs)
Target audience: all relevant stakeholders
Industry: general/sector-agnostic
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UN Guiding Principles on Business and Human Rights
Target audience: public and private sector
Industry: general/sector-agnostic
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Free, Prior and Informed
Consent (FPIC)
Target audience: all relevant stakeholders
Industry: general/sector-agnostic
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OECD Guidelines for
Multinational Enterprises
Target audience: general/sector agnostic
Industry: general
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UN Global Compact
Target audience: private sector
Industry: general, with specific principles on food and agriculture
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Legal Foundations of Global Guidance related to Responsible Agricultural Investment
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All links sourced by the ASEAN RAI Action Plan partners.
If you think there is a guideline or tool missing, please feel free to reach out to us