Book contents
- Frontmatter
- Contents
- Foreword
- Preface and acknowledgments to the first edition
- Preface and acknowledgments to the second edition
- Table of cases
- Table of treaties and other international instruments
- List of abbreviations
- PART I The legal and institutional framework
- PART II Principles and rules establishing standards
- PART III Techniques for implementing international principles and rules
- 16 Environmental impact assessment
- 17 Environmental information
- 18 Liability for environmental damage
- 19 International trade and competition
- 20 Financial resources, technology and intellectual property
- 21 Foreign investment
- Index
21 - Foreign investment
- Frontmatter
- Contents
- Foreword
- Preface and acknowledgments to the first edition
- Preface and acknowledgments to the second edition
- Table of cases
- Table of treaties and other international instruments
- List of abbreviations
- PART I The legal and institutional framework
- PART II Principles and rules establishing standards
- PART III Techniques for implementing international principles and rules
- 16 Environmental impact assessment
- 17 Environmental information
- 18 Liability for environmental damage
- 19 International trade and competition
- 20 Financial resources, technology and intellectual property
- 21 Foreign investment
- Index
Summary
R. Buckley, ‘International Trade, Investment and Environmental Regulation: An Environmental Management Perspective’, 27 Journal of World Trade Law 101 (1993); H. Ward and D. Brack, Trade, Investment and the Environment (1999); Permanent Court of Arbitration/Peace Palace Papers, International Investments and the Protection of the Environment (2000); T. Waelde and A. Kobo, ‘Environmental Regulation, Investment Protection and “Regulatory Taking” in International Law’, 50 ICLQ 811 (2001); R. Barsh, ‘Is the Expropriation of Indigenous Peoples’ Land Gatt-able?', 10 RECIEL 13 (2001); E. Neumayer, Greening Trade and Investment: Environmental Protection Without Protectionism (2001); Symposium on Regulatory Takings in National and International Law, 11 New York University Environment Law Journal 1 (2003).
Introduction
Foreign direct investment is now the largest source of external finance for developing countries, having outstripped public sector overseas development assistance since the early 1990s. In 2002, the WSSD Plan of Implementation called on states to:
[f]acilitate greater flows of foreign direct investment so as to support sustainable development activities, including the development of infrastructure, of developing countries, and enhance the benefits that developing countries can draw from foreign investment, with particular actions to:
(a) Create the necessary domestic and international conditions to facilitate significant increases in flows of [foreign direct investment] to developing countries …
(b) Encourage foreign direct investment in developing countries and countries with economies in transition through export credits that could be instrumental to sustainable development.
- Type
- Chapter
- Information
- Principles of International Environmental Law , pp. 1056 - 1073Publisher: Cambridge University PressPrint publication year: 2003