Executive Summary: A Blueprint For Mobilizing Finance Against Slavery and Trafficking

Executive Summary: A Blueprint For Mobilizing Finance Against Slavery and Trafficking

June 17, 2025

Addressing modern slavery and human trafficking remains a cornerstone of Thailand’s business and human rights agenda. As the first country in the Asia-Pacific to adopt a National Action Plan (NAP) on Business and Human Rights (2019–2022), and now in its second phase (2023–2027), Thailand continues to prioritize labor rights, forced labor, and human trafficking issues in alignment with international human rights standards.  In 2024, building on the foundation of the FAST Initiative which launched in 2019, UNDP—supported by the Government of Liechtenstein—formally entered a new phase of the Finance Against Slavery and Trafficking (FAST) Initiative at the Sustainable Finance Hub and co-led with the Business & Human Rights Global Initiative, This new phase aims to harness the power of the financial sector to help end modern slavery and human trafficking and advance progress towards SDG 8.7 at global, regional, and national levels. 

Thailand is among the implementing countries of the FAST Initiative, which promotes the integration of anti-slavery and anti-trafficking measures into the financial system and involves the financial sector to mobilize funding for this cause. 

The FAST Initiative ‘A Blueprint for Mobilizing Finance Against Slavery and Trafficking’, developed by the Financial Sector Commission on Modern Slavery and Human Trafficking, is a signature report of the Initiative 

 The Blueprint offers a collective-action framework to combat modern slavery and human trafficking. The Blueprint outlines 5 Goals and 30 Actions to guide financial sector actors, governments, regulators, and multilateral institutions in their efforts. It provides a roadmap for accelerating action, enabling stakeholders to align their commitments and create systemic change to end exploitation.

The FAST Blueprint provides a strategic framework comprising five goals: (1) Compliance with laws against modern slavery and human trafficking; 
(2) Knowing and showing modern slavery and human trafficking risks; 
(3) Using leverage creatively; 
(4) Providing and enabling effective remedy; and 
(5) Investment in innovation for prevention. 

These goals equip financial institutions and professional service providers with actionable guidance to prevent and mitigate slavery risks across their operations and supply chains.