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.
Trafficking in human beings is defined as a set of circumstances whereby a person is pushed into an exploitative situation by an individual or individuals taking advantage of their plight. This can manifest itself in various forms and occur in diffe...Read More
Forced Labor — and human trafficking for forced labor — have been documented as recently as 2018 in the cocoa sector in Côte d’Ivoire, with one recent study by the Walk Free Foundation and Tulane University estimating the number of victims at...Read More
In Cambodia, the COVID-19 pandemic has resulted in widespread job suspensions and losses, and substantial reductions of income for workers and their families. By June 2020, as many as 234 factories in the manufacturing sectors (garment, footwear and...Read More
The UN's children agency UNICEF recently warned the world that the COVID-19 pandemic is becoming a child rights crisis. India has the largest child population in the world with 472 million children, many of whom are going through the pandemic withou...Read More
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