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Promoting responsible investment in agriculture and food systems

Guide to assess national regulatory frameworks affecting larger-scale private investments













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    Home Country Measures that Promote Responsible Foreign Agricultural Investment 2016
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    This paper summarizes the good practices by nine selected OECD countries that seek to promote responsible foreign investment in developing country agriculture, primarily by investors in their territory or jurisdiction. The study provides examples of the increasing trend of home countries in establishing binding legal norms and other mechanisms as safeguards that are relevant for agricultural investment. It finds that States apply some specific provisions to hold private corporate actors investin g in agriculture abroad accountable, for example in regard to bribery of foreign public officials. Investment home countries are also increasingly using safeguards relevant for agricultural investment for companies that are controlled by the State or seek its support. Furthermore, Public-Private Partnerships are increasingly used in development assistance projects as a means to promote responsible agricultural investment. In these cases, the safeguards usually imply the use of negotiated and app roved instruments such as the Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT). The Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI), endorsed in 2014 by the Committee on World Food Security (CFS), will possibly become a major guidance instrument, given recent declarations by the G7 and G20.
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    Linkages between the Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries and the Principles for Responsible Investment in Agriculture and Food Systems 2020
    The CFS Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI Principles) promote investments that contribute to food security and nutrition. They are relevant for all types of investments including productive assets, but also for investments in human capital or intangible capital. Thus, they provide a different approach to the concept of investment; one that is closer to the concept of integral human development. Similarly, the Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries in the Context of Food Security and Poverty Eradication (SSF Guidelines) go beyond fisheries and also address socio-economic issues of relevance to securing sustainable small-scale fisheries. This brief is part of a series drawing attention to the mutually reinforcing nature of four global normative instruments developed through the Committe on World Food Security (CFS) and the Food and Agriculture Organization of the United Nations (FAO) SSF Guidelines. The four CFS instruments with direct links to the SSF Guidelines are the CFS Voluntary Guidelines to Support the Progressive Realization of the Right to Adequate Food in the Context of National Food Security (Right to Food Guidelines), the CFS Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT), the CFS Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI Principles) and the CFS Framework for Action for Food Security and Nutrition in Protracted Crisis (CFS-FFA). Their synergistic implementation can make a difference in enabling small-scale fisheries to contribute to sustainable food systems by providing highly nutritious food for local communities, and it can make a difference for consumers in national, regional and international markets. The briefs aim at highlighting key commonalities among these CFS instruments and the SSF Guidelines, and provide some illustrative examples to inspire action by all, including by governments, small-scale fisheries organizations or other civil society organizations, the private sector, non-governmental organizations, and research and development partners.
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    Linkages between the Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries and the Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests 2020
    Both the Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT) and the Voluntary Guidelines for Securing Sustainable Small-Scale Fisheries in the Context of Food Security and Poverty Eradication (SSF Guidelines) share the common overarching goals of achieving food security for all, eradicating poverty, sustainable livelihoods and environmental protection and supporting the progressive realization of the right to adequate food in the context of national food security. This brief is part of a series drawing attention to the mutually reinforcing nature of four global normative instruments developed through the Committee on World Food Security (CFS) and the Food and Agriculture Organization of the United Nations (FAO) Voluntary Guidelines for Securing Sustainable SmallScale Fisheries in the Context of Food Security and Poverty Eradication (SSF Guidelines). The four CFS instruments with direct links to the SSF Guidelines are the CFS Voluntary Guidelines to Support the Progressive Realization of the Right to Adequate Food in the Context of National Food Security (Right to Food Guidelines), the CFS Voluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security (VGGT), the CFS Principles for Responsible Investment in Agriculture and Food Systems (CFS-RAI Principles) and the CFS Framework for Action for Food Security and Nutrition in Protracted Crisis (CFS-FFA). Their synergistic implementation can make a difference in enabling small-scale fisheries to contribute to sustainable food systems by providing highly nutritious food for local communities, and it can make a difference for consumers in national, regional and international markets. The briefs aim to highlight key commonalities among these CFS instruments and the SSF Guidelines, and provide some illustrative examples to inspire action by all, including by governments, small-scale fisheries organizations or other civil society organizations, the private sector, non-governmental organizations and research and development partners.

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