The actions of irresponsible businesses in fragile states can trigger violent conflict.
Conversely, conflict-sensitive business practice stimulates struggling economies, raises the standard of living and can contribute to stability.
IISD makes the business case for conflict prevention and peace promotion.
At its best, increased business investment in fragile states should reduce the risk of violent conflict by stimulating economic growth and raising living standards. However, this has not always been the case.
On the contrary, irresponsible companies have contributed to conflict in a number of ways: by helping violent factions raise money through the sale of conflict resources, by supporting repressive governments, by encouraging corruption, by ignoring the needs of local communities and by causing severe environmental damage.
IISD focuses on engaging natural resource-related companies, financial institutions and governments on the critical links between business and violent conflict. We make the business case for conflict prevention, and suggest ways that business can support peace.
Conflict Sensitive Business Practice
Led by International Alert and in partnership with IISD, this research program distilled the best conflict assessment methodologies into concrete guidance and developed strategies for ensuring conflict-sensitive business practice. International Alert is carrying this project forward with field pilots and on-going policy work.
The Extractive Sector and Conflict
A series of case studies and articles on the role of mining, oil and gas in conflicts around the world, and some recommendations on how these industries might better ensure their activities "do no harm."
The Finance Sector and Conflict
In collaboration with the UNEP Finance Initiative, and sponsored by the Germany Environment Ministry BMU this initiative seeks to map out the links between the activities of banks, insurers and asset managers, and the drivers, triggers and financial means for sustaining conflict.