Introducing the Peace Taxonomy: A Guide to Peace-positive Investing
The Essence of the Peace Taxonomy The Peace Taxonomy is a vital tool guiding investors and businesses in identifying specific changes they aim to achieve in peace and stability. It categorizes peace impacts into three distinct dimensions, providing clarity and direction for peace-focused investments.
Three Key Dimensions of Peace Impact
- Safety and Security: This dimension focuses on reducing violence and conflict, or the fear thereof, known as negative peace. It encompasses various forms of direct physical violence and includes strategies like policing, law enforcement, peacekeeping, and community enforcement. Private sector investments often contribute indirectly to mitigating these forms of violence, with some direct impacts in areas like gender-based violence through specific employment policies and community engagement.
- Social Peace: Broader and more systemic than Safety and Security, Social Peace impacts are crucial for investors due to their operational and reputational relevance. This dimension covers a range of factors, from community inequalities to intercommunal violence, emphasizing the need for intentional strategies that go beyond minimum safeguards to create meaningful social peace.
- Political Peace: This dimension involves high-level interventions in political relationships and dispute resolution mechanisms. Political Peace is often visible in formal peace agreements or legal changes and requires careful consideration by investors to ensure their activities do not exacerbate conflict dynamics in fragile settings.
Navigating the Taxonomy for Impactful Investments The Peace Taxonomy helps investors align their strategies with peace-positive outcomes, ensuring their contributions are intentional and effective. It's a framework that not only guides investment decisions but also ensures that these decisions contribute constructively to peace and stability in conflict-affected areas.