A/HRC/21/48 (g) Adhere to the Protect, Respect and Remedy Framework for Business and Human Rights and best practices such as the International Cyanide Management Code for the gold mining industry; the Environmental Excellence in Exploration (E3); the Extractives Industry Transparency Initiative; the Global Reporting Initiative; the International Council on Mining and Metals (ICMM) Sustainable Development Framework; the OECD Guidelines for Multinational Enterprises; the Towards Sustainable Mining (TSM) Guiding Principles; the United Nations Global Compact. 71. In accordance with their obligations as subject to public international law, development finance institutions should: (a) Undertake human rights due diligence to ensure that potential impacts on human rights are assessed and addressed. Intermediaries that have substantial local ownership and are equipped to make investments that are in line with the development objectives and approach of the development finance institutions should be prioritized; (b) Ensure that grievance mechanisms conform fully to principles outlined in the Protect, Respect and Remedy Framework such that they are legitimate, accessible, predictable, equitable, transparent and compatible with internationally recognized human rights standards. The first comprehensive review of the World Bank’s safeguard policies over the next year presents an opportunity to incorporate these recommendations and ensure that its investments in extractive industries do not cause or contribute to human rights impacts. 21

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