Trade Unions’ Demands
Trade unions urge donor governments and DFIs to endorse a set of criteria on private sector investment in development to ensure that they contribute to the SDGs and that they are coherent with the international development effectiveness principles.
Examples of key criteria
- Private sector actors must explicity adhere to key responsible business conduct instruments.
- Private sector actor must have a policy on disclosure of data in place.
- Pogrammes must contain a risk analysis on social, economic and environmental level; highlighting risk identification, mitigation and avoidance, including due diligence procedures in place.
- Programmes must contribute to fostering social dialogue, accompanying its implementation.
- Result assessment must check that the income generated at country level is in favour of the domestic system, including taxes and social contributions
- Result assessment must check that the jobs created are of quality and sustainable, based on international labour standards, particularly regarding: freedom of association and collective bargaining, fair wages, social protection, occupational health, and safety provisions.