Monday, July 21, 2008

Free, Prior and Informed Consent

"Resource extraction companies must at least review these new FPIC standards and consider their adoption if they are to ensure their expensive investments see a return. And the more progressive companies are the ones that are recognizing the need for community consultation and the delivery of tangible benefits to impacted communities. If FPIC [Free, Prior and Informed Consent] has not yet fully arrived, it is clearly on the horizon." - Robert Walker, Vice President of Sustainability for Ethical Funds
See: Sustainability Perspectives: Winning the Social License to Operate - Resource Extraction with Free, Prior, and Informed Community Consent, by The Ethical Funds Company

FPIC is enshrined in the U.N. Declaration on the Rights of Indigenous Peoples.

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