Development cooperation , 16.12.2013

INT/OECD investment (PFI update), technical assistance

Description

Organization for Economic Cooperation and Development (OECD) approved its Policy Framework for Investment in 2006. OECD ministers agreed to use the PFI as part of their development cooperation. The objective of this project is to update the PFI tool so that it can be better applied to the challenges of sustainable development. The aim is to have a wide participation to the update by OECD non-member countries (especially developing countries) and non-state actors, such as civil society organizations. In the update process will be discussed topics such as environment, gender equality, agriculture, infrastructure, updated OECD guidelines for multinational enterprises as well as the UN guiding principles on business and human rights. The objective of the project is to help developing countries benefit from sustainable investment. Beneficiaries of the project are developing countries' societies in large, i.e., firms, non-state actors, workers, government.

Funding decision  16.12.2013

190 000 €

Objectives monitored by OECD's Development Assistance Committee

  • Gender equality
  • Participatory development/Good governance

Field of activity

  • Trade policy and administrative management 100%

Funding channel

Tal yhteist ja kehityksen järjestö

Contact

tuo-10

Code for the object of funding

89800111

ID

UHA2011-007318

Modified

20.12.2013