A/HRC/29/28 Principles serve as a framework to guide efforts at the national level in this respect. The Working Group will also dedicate parts of the 2015 Forum on Business and Human Rights, in November, to engage key stakeholders in a dialogue on these issues. 2. Financing for sustainable development 65. The Guiding Principles should also be referred to in the context of the third International Conference on Financing for Development, to be held from 13 to 16 July 2015, which is expected to play a key role in the follow-up to the post-2015 agenda. 66. The zero draft of the outcome document of the above-mentioned conference includes a number of encouraging and important references to the promotion of more responsible business conduct in the overall context of financing for development, including the need for businesses to commit to and apply principles for socially and environmentally responsible investment and business activities; complementary national regulations, including for the protection of labour rights, and environmental and health standards; mandatory integrated reporting for large companies; “coherence checks” on the sustainable development goals by relevant international institutions, private rule-setting bodies and international and national development finance institutions, with a view to aligning their business practices with sustainable development objectives, inter alia through assessments of their impact on the enjoyment of human rights, including indigenous peoples’ rights; and progress towards gender equality. 67. While all of these references are welcome contributions to a strengthened international governance framework, the outcome document should be more fully aligned with international standards referencing the Guiding Principles. It should reaffirm the clear benchmarks relating to the State duty to protect human rights in the context of business activities, the business responsibility to respect human rights and the need for affected individuals to have access to effective remedies. There should be scope for doing so, and a suggested policy idea in the “elements” paper for the conference, contained under the heading “strengthening the sustainable development impact of investment”, is to implement the Guiding Principles on Business and Human Rights, core labour standards of the International Labour Organization and relevant environmental standards, with enforcement and accountability mechanisms.56 68. Further improvements could be made by adopting the considerations outlined above with regard to regulatory action and recommendations regarding corporate reporting. B. Beyond the post-2015 framework 1. Role of the United Nations Development Programme 69. The United Nations Development Programme (UNDP) has a particularly important role among agencies in the United Nations system in supporting global efforts towards sustainable development, and can play a key role in scaling up action on the Guiding Principles. UNDP has supported implementation of the Guiding Principles in various ways. The Working Group encourages further efforts along at least two strategically important dimensions. 70. First, UNDP is uniquely placed to promote national action plans on business and human rights and support the relevant national authorities and national human rights institutions in initiating an open, inclusive process to develop action-oriented plans by 56 18 www.un.org/esa/ffd/wp-content/uploads/2015/01/FfD_Elements-paper_drafting-session.pdf.

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