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Protecting Indigenous Peoples through Socially Responsible Investment
Citation
Richardson, BJ, Protecting Indigenous Peoples through Socially Responsible Investment, Indigenous Law Journal, 6, (1) pp. 206-234. ISSN 1703-4566 (2007) [Refereed Article]
Abstract
This paper canvasses a new approach to protecting Indigenous peoples that
targets the institutions that financially sponsor the development projects and
companies that can often harm Indigenous livelihoods. To revitalize and
protect their communities and legal systems, Indigenous peoples must
reckon with the power of financial markets. Encouragingly, through the
movement for socially responsible investment, which has had earlier
successes such as its campaign against investment in apartheid South
Africa, some financiers are beginning to respect Indigenous rights and
interests. Some mutual funds remove companies that violate Indigenous
rights from their investment portfolios, while other investors seek change
through shareholder activism. Much more needs to be done, however, if SRI
is to have an impact. Some states have started to introduce informational
and incentive based policy mechanisms to promote SRI, which may
eventually enable the financial sector to be a source of support rather than
an obstacle to Indigenous self-determination.
Item Details
Item Type: | Refereed Article |
---|---|
Keywords: | Protecting Indigenous Peoples |
Research Division: | Law and Legal Studies |
Research Group: | Environmental and resources law |
Research Field: | Environmental law |
Objective Division: | Law, Politics and Community Services |
Objective Group: | Community services |
Objective Field: | Community services not elsewhere classified |
UTAS Author: | Richardson, BJ (Professor Benjamin Richardson) |
ID Code: | 91865 |
Year Published: | 2007 |
Deposited By: | Faculty of Law |
Deposited On: | 2014-06-02 |
Last Modified: | 2014-06-02 |
Downloads: | 0 |
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