View source for Free Prior and Informed Consent

== Definition ==
'''Free, Prior and Informed Consent'''  (FPIC) denotes the good faith negotiation between a client and [[Affected Communities]].

Free, Prior and Informed Consent is a manifestation of indigenous peoples’ right to self-determine their political, social, economic and cultural priorities. It constitutes three interrelated and cumulative rights of indigenous peoples: 
* the right to be consulted
* the right to participate; and 
* the right to their lands, territories and resources.


FPIC builds on and expands the process of Informed Consultation and Participation, ensures the meaningful participation of [[Indigenous Peoples]] in decision-making, and focuses on achieving agreement. FPIC does not require unanimity, does not confer veto rights to individuals or sub-groups, and does not require the client to agree to aspects not under their control.

== See Also ==
* [[Equator Principles]]

[[Category:Sustainable Finance]]
[[Category:ESRS Glossary]]