According to UN Human Rights, a human rights economy places people and the planet at the heart of economic policies, investment decisions, consumer choices, and business models, with the goal of measurably enhancing the enjoyment of human rights for all.
Deepening inequality remains a key obstacle to achieving globally agreed ambitions of the 2030 Agenda for Sustainable Development, its Sustainable Development Goals (SDGs) and the promise to leave no one behind.
“We need to work together and harder to truly place human rights at the core of all dimensions of sustainable development,” he said.
According to Türk, a human rights economy seeks to “redress root causes and structural barriers to equality, justice, and sustainability, by prioritizing investment in economic, social and cultural rights.”