This paper describes a promising new effort to fight global labour exploitation using financing strategies to advance and expand the global trend toward fair labour practices. It focuses on private market investment innovations and opportunities, where investors interested in improving global labour conditions while achieving positive financial results are most likely to meet their objectives.
The authors also uncovered some finance mechanisms that have been creatively engineered by a combination of business and human rights, social finance, and data experts. And, the nearly 30 interviews with investors and business and human right experts yielded more leads than this project enabled us to follow up on. Everyone interviewed wants investors to be more conscious about how their investments can help improve fair labour practices. All expressed genuine enthusiasm for the progress to date and encouraged more.
Almost 21 million people (a conservative estimate) are trapped in conditions of forced labor that generates over $150 billion in profits for other parties. Of these workers, over 75% are exploited within the traditional private sector, esp...Read More
In April 2021, the Government of Ghana (GOG) launched its Ten-Year Action Plan on the Eradication of Child Labor, Forced Labor, Human Trafficking and Modern Slavery in Africa (2020-2030): African Union Agenda 2063 – Sustainable Development Goal (S...Read More
As the information and communication technology (ICT) industry rapidly expands, it has the power to support democratic, accountable institutions and the exercise of civic freedoms or perpetuate violations of individual and collective rights. As ...Read More
The Modern Slavery Act 2018 (Cth) (MSA) was widely hailed as a critical first step by Australia towards tackling the global problem of modern slavery, with the government proclaiming that it would transform the way businesses respond ...Read More
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