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International investment agreements (“IIAs”) provide enforceable protections to foreign investors based on the premise that enforceable investor protections will stimulate greater foreign investment flows, which, in turn, are assumed to promote development. However, as understandings of both...
Persistent link: https://www.econbiz.de/10013232389
As financial institutions and policymakers worldwide are considering how to integrate sustainability considerations throughout financial systems, a critical question is whether banks can effectively assess and monitor borrowers' environmental credit risk. China's green credit reforms, part of...
Persistent link: https://www.econbiz.de/10012899995
At first sight the potential discrepancy between competitive behavior of market participants, trade rules and the basic notion of sustainable development may seem to be of a negligible importance. However, during the interactions of market processes with sustainability goals through various...
Persistent link: https://www.econbiz.de/10012913249
Energy is pivotal for socio-economic and cultural development. Last century witnessed a drastic increase, on one hand on the consumption of energy and, on the other on greenhouse gases emissions. Traditionally, energy security has been linked with the need to guarantee supply and, in turn,...
Persistent link: https://www.econbiz.de/10013232685
Renewable energy subsidies are crucial for combatting climate change, and yet the world’s international legal infrastructure is not designed to accommodate such subsidies. The world needs a renewable energy sector to develop and implement the technologies necessary to reduce carbon and...
Persistent link: https://www.econbiz.de/10014130983
This article argues that a key to sustainability is redirecting the law of economic development. From a historical perspective, sustainable development is an effort to integrate environmental protection and restoration with development. As a result, it is not possible to fully understand...
Persistent link: https://www.econbiz.de/10014184532
This article explains why states and localities need to be full partners in a national climate change effort based on federal legislation or the existing Clean Air Act. A large share of reductions with the lowest cost and the greatest co-benefits (e.g., job creation, technology development,...
Persistent link: https://www.econbiz.de/10014197035
In this Article, we argue that sustainable development is historically a much broader and more societally beneficial concept than it is often understood to be, and that it is often limited, particularly in the United States, by the supposition that it is just about the environment, or about...
Persistent link: https://www.econbiz.de/10014260030
The article explores what we can learn about sustainable development, and the progress the United States has already made or not made, by looking at citizen suits under United States environmental law. The article focuses on four aspects of citizen suits: the manner in which they allow access to...
Persistent link: https://www.econbiz.de/10014219717
This article outlines what sustainable development means when applied to industry, the necessity for sustainable industry, and how sustainable industry can change and is already beginning to change the debate about pollution control. While it is possible for industry to have a positive impact,...
Persistent link: https://www.econbiz.de/10014219720