Integrating Climate Change Elements into International Investment Treaties: Definition of ‘Green’ Investment

0569678 - ÚSP 2024 RIV CZ eng J - Journal Article
Feigerlová, Monika
Integrating Climate Change Elements into International Investment Treaties: Definition of ‘Green’ Investment.
Czech Yearbook of Public & Private International Law. Roč. 13, nemá (2022), s. 333-347. ISSN 1805-0565. E-ISSN 1805-0999
Grant - others:AV ČR(CZ) LQ300682001
Program: Prémie Lumina quaeruntur
Institutional support: RVO:68378122
Keywords : climate change * green investment * EU Taxonomy * international investment agreements * Paris Agreement * sustainable development
OECD category: Law
Method of publishing: Open access
https://rozkotova.cld.bz/CYIL-vol-13-2022/333/

Transitioning to a low-carbon and climate resilient economy will require significant investment, including private sources of capital. Ensuring that the investment assists the countries to achieve their decarbonisation and sustainable development goals is all the more important in times when countries face various social, pandemic and environmental challenges. The legal framework for foreign direct investment is primarily a matter of domestic policy. Nevertheless, international investment agreements could also play a positive role and push for climate resilient investments or investments which with further sustainable development. The contribution considers the potential reconceptualization of foreign direct investment towards ‘green investment’, the possible inspiration by the EU Taxonomy of ‘environmentally sustainable activities’ and the interconnectedness of green investment and the concept of sustainable development.
Permanent Link: https://hdl.handle.net/11104/0341049