While much has been written on the legal, normative, and development arguments for ensuring that host communities have the opportunity to provide their free, prior, and informed consent (FPIC) to a project, relatively little attention has been paid to the “business case” for FPIC…This report demonstrates the business case for incorporation of FPIC principles in large-scale development projects. Drawing on four case studies [:]…In the Philippines, the Malampaya Deep Water Gas-to-Power Project…a joint venture of the Royal/Dutch Shell subsidiary Shell Philippines Exploration (SPEX), Chevron Texaco, and the Philippine National Oil Company (PNOC)… In Argentina, the Esquel Gold Project…owned by Meridian Gold…In Thailand, the Samut Prakarn Wastewater Management Project…In Peru, the Minera Yanacocha Gold Mine Project… Yanacocha is a joint venture of Newmont…Compañía de Minas Buenaventura…and the International Finance Corporation…[The report also] describes best practices and leading policy developments that provide practical guidance for implementing FPIC principles…