Impact Assessment & Accountablility | The ASEAN Guidelines

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?

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:

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.

When done badly, private sector investment can exacerbate existing inequalities, undermine the livelihoods of smallholder farmers,indigenous peoples, and natural resources.

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.

Investment in FAF creates challenges for AMS in the following six key areas:

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?

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?

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?

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?

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?

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?

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:

Guideline 9

Assess and address impacts of responsible FAF investments and promote accountability by:

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Requiring independent and transparent impact assessments
Defining baseline data and indicators for monitoring and assessing impact in an inclusive way
Screening investments for alignment with development priorities and community needs
Identifying impact mitigation measures to address negative impacts
Ensuring assessments are publicly available and accessible
Regularly assessing changes and communicating results to stakeholders
Implementing effective remedies and/or compensation for negative impacts

Strengthening the implementation of impact assessment regulations
Integrating impact assessment results into management plans
Regularly monitoring and reviewing impact, while including all relevant stakeholders in this process
Making publicly available the results of monitoring activities
Enacting effective and efficient screening processes for large-scale investors

To achieve this, consider: