United Nations Headquarters in New York City.
Original image by flickr user United Nations Photo (Creative Commons BY-NC-ND 2.0)
In a General Comment on State obligations regarding the impact of the business sector on children’s rights adopted on February 6, 2013 the Committee on the Rights of the Child called on States Parties to ensure that their participation in International Financial Institutions is consistent with obligations under the Convention on the Rights of the Child. The Committee recommended that:
“International organizations should have standards and procedures to assess the risk of harm to children in conjunction with new projects and to take measures to mitigate risks of such harm. These organisations should put in place procedures and mechanisms to identify, address and remedy violations of children’s rights in accordance with existing international standards including when they are committed by or result from activities of businesses linked to or funded by them.”