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Become a peace partner

Understanding the role of peace partners in impact investing

Who are peace partners? Peace partners are crucial allies in the realm of impact investing, particularly in contexts of peacebuilding. They bring a diverse mix of skills, knowledge and networks essential for navigating the complexities of investment environments. These partners range from local organisations well versed in humanitarian and peacebuilding efforts to intermediaries bridging various local actors.

The value of effective peace partners Effective peace partners offer more than just implementation of peacebuilding activities. They provide critical networks and contextual knowledge, often acting as intermediaries between local communities and external investors. Their role can be likened to advisors, guiding issuers and investors in aligning with the Peace Taxonomy and achieving peace additionality.

Building partnerships based on local needs Partnerships with peace partners should be rooted in local needs and capacities. A focus on local involvement is key, as it aligns with do-no-harm approaches and fosters trust for long-term cooperation. These partnerships are not just financial but are driven by a shared mission to uphold the Peace Finance Principles underpinning the PFIF.

Identifying and selecting peace partners Selecting the right peace partners involves a careful vetting process, guided by criteria set by the Peace Finance Standard. Disclosure requirements help in recognising the track record of potential partners, similarly to how sustainability investment advisors are evaluated. The selection may include a range of entities, from local organisations to international agencies, each bringing unique capabilities to the investment process. Several partners have already been approved by the Finance for Peace initiative (see details below).

Examples of effective peace partners Peace partners might include local civil-society organisations, academic experts, consulting firms, independent peacebuilding organisations, multilateral agencies and local business networks. The choice of partners will depend on the nature of the investment and the specific peace and conflict dynamics of each case.

Balancing roles and interests In selecting Peace Partners, it's crucial to balance their various roles and interests to support the full breadth of the Peace Finance Principles. While building trust with local communities, these partners also navigate the political and economic environment, ensuring alignment with the investment's peace-positive and developmental aims.

 

Who can become approved peace partners, and what criteria are used for their selection?

Approved peace partners play a vital role in the success of peace-related projects. The process for selection is as follows: 

Criteria for peace partners: To qualify as a peace partner, an organisation or entity must have a credible background in peace-related work. This includes a proven track record in peace initiatives, relevant capacities, a strong network and deep knowledge of the specific context in which they operate.

Diversity of partners: Peace partners can range from local organizations deeply embedded in the community to larger intermediary organisations with broader reach. Each type of partner brings unique advantages to a project.

Number of partners: The number of peace partners involved in a project can vary. This depends on the project’s scope, complexity and specific needs. A larger project might require multiple partners to address different aspects of peacebuilding effectively.

Importance of local and contextual knowledge: Special emphasis is placed on choosing partners who understand the local context and dynamics, as this knowledge is crucial for the success of peace-related projects.

Issuer’s role in identification: Even though pre-approved peace partners will be vetted by Finance for Peace, it is the responsibility of the issuer to identify and select suitable peace partners during the planning phase of a project. This selection should be based on a thorough evaluation of the potential partners' experience and effectiveness in peacebuilding activities. Guidance for selection can be found here. [link to ?]

In summary, approved peace partners are essential for the effective implementation of peace projects. They are identified and vetted based on their experience, expertise and ability to contribute meaningfully to peacebuilding efforts. The selection process is carefully managed by the Standards Committee.

 

How to become an approved peace partner [access form]

Our peace partners [link to 2.5.2 directory]

Resources for peace partners [link to 2.5.1.]

© Finance for Peace 2023