A/HRC/29/18 United Nations General Assembly Distr.: General 29 April 2015 Original: English Human Rights Council Twenty-ninth session Agenda items 2 and 3 Annual report of the United Nations High Commissioner for Human Rights and reports of the Office of the High Commissioner and the Secretary-General Promotion and protection of all human rights, civil, political, economic, social and cultural rights, including the right to development Feasibility of a global fund to enhance the capacity of stakeholders to implement the Guiding Principles on Business and Human Rights Report of the United Nations High Commissioner for Human Rights Summary In its resolution 26/22, the Human Rights Council requested the United Nations High Commissioner for Human Rights to consult with States and relevant stakeholders to develop concrete options and proposals to inform a decision on whether to create a global fund to enhance the capacity of stakeholders to implement the Guiding Principles on Business and Human Rights, and to submit a report thereon to the Council at its twentyninth session. The present report, prepared pursuant to that request, provides a summary of stakeholder views on issues relating to the scope and structure of such a fund. The High Commissioner recommends further steps for consideration by the Council and proposes that the Office of the United Nations High Commissioner for Human Rights be mandated to develop a pilot project to test the viability of a capacity-building fund in this area, subject to available resources. GE.15-08556 (E) 