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National Development Banks and Human Rights – Issue No. 7

One of the tools that States have in order to respect, protect and fulfill human rights is the creation of national development banks. Indeed, many countries have relied on national development banks, as part of the array of tools to intervene in financial markets.

Issue No. 7 of a series of primers prepared by RightingFinance argues that, for national development banks to be such a tool, they need to operate within a framework of human rights. International human rights law principles and rules bind the State and, thus, national development banks as its instruments. The primer also lays out key human rights principles that should apply to the operation of national development banks and offers examples for what they would mean in practice.

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