Because the current tool assumes that an investment has already begun, it may not be used to assess an investment’s acceptability to communities during the pre-negotiation or negotiation stages. This tool also does not include indicators on project closure, abandonment, and rehabilitation. Alterations to the tool may be incorporated during the succeeding phases of this initiative. Noting that developing an effective scorecard system requires a long and thorough consultative process, this scorecard is not to be seen as a finished product but rather, a work-in-progress. The tool may be further refined in partnership with CSOs, the academe, communities, NHRIs, governments, and the private sector. Conceptual Framework Principles of responsible agricultural investments (rai) To assess investments objectively, evaluators ought to be guided by a set of principles accepted both by the international community and by stakeholders at the grassroots level. Hence in 2013, ANGOC developed a set of seven Principles of Responsible Agricultural Investments (rai) in the Philippines, derived from the inputs of grassroots organizations, CSOs, and government agencies. The rai principles were also anchored on globally-recognized standards for investments enshrined in the Voluntary Guidelines on Responsible Governance of Tenure of Land, Fisheries, and Forests (VGGT),4 Principles for Responsible Agricultural Investments (PRAI),5 and the Basic Principles on the Purchase and Leasing of Large Areas of Land.6 These seven rai principles are: Principle 1. Responsible agricultural investment has FPIC of communities that will be affected by the investments. Principle 2. Responsible Agricultural Investment upholds land tenure security and respects human rights. 4 Developed by the Committee on World Food Security. The VGGT may be accessed online through this link: http://www.fao.org/ docrep/016/i2801e/i2801e.pdf 5 The PRAI is not to be confused with the rai principles initiated by CSOs. The PRAI were developed by FAO, World Bank, International Fund for Agricultural Development, and UNCTAD, building on the VGGT and the Voluntary Guidelines on the Progressive Realization of the Right to Adequate Food. Peruse through the PRAI online through this link: http://www.fao.org/fileadmin/templates/cfs/Docs1314/ rai/CFS_Principles_Oct_2014_EN.pdf 6 Developed by the Federal Ministry of Economic Cooperation and Development (BMZ), Germany. See this link for more information: https://www.bmz.de/en/publications/archiv/type_of_publication/strategies/diskurs015en.pdf ANGOC and KPA 87