Full Description
Sustainable development remains a high priority in international politics and commerce. This timely book explores how the contours and facets of economic, environmental and social sustainability are reflected in the legal norms that govern trade, investment and finance. Examining a range of issues arising from private initiatives, national conduct and international organisations, the chapters interrogate the role of powerful global actors in the pursuit of sustainable development: China, the United States and the EU are all recognised as significant actors in a wider context of global partnership. The authors identify and investigate challenges to the realisation of a coherent sustainable development policy, engaging with the complex interactions of international, regional and national mechanisms that pose significant problems for the future of the planet, its people and their prosperity.
Offering interdisciplinary insights on legal frameworks through the lens of sustainability, this discerning book will appeal to a range of academics interested in sustainability, trade, investment and finance, while also offering crucial insights for policy-makers into specific areas of regulation.
Contents
Contents:
1. The Concept of Sustainability and its Application in International Trade, Investment and Finance
Clair Gammage and Tonia Novitz
PART I TRADE LAW
2. Sustainable Trade, Renewable Energy and the WTO
Daniel Szabo
3. Social Norms in EU-Free Trade Agreements: Justiciable or Not?
Clair Gammage
4. Increasing the Social Sustainability of Trade Agreements in Terms of Labour Standards: Insights from the TPP Experience
Franz Christian Ebert
PART II SUPPLY CHAINS
5. Sustainable Global Supply Chains: From Transparency to Due Diligence
Kasey McCall-Smith and Andreas Rühmkorf
6. Regulating Sustainability by Combining Legality Verification and Market Access: Critical Reflections on the EU's FLEGT Scheme as 'Smart-Mix' Multi-Level Regulation for the Timber Sector
Karin Buhmann and Iben Nathan
PART III CONTENT OF INVESTMENT TREATIES
7. Old Players, New Rules: A Critique of the China-Ethiopia and China-Tanzania Bilateral Investment Treaties
Amy Man
8. The Principle of 'CBDR' in BITs to Promote Sustainable Development Strategies while Combating Environmental Degradation: A Developing Country Perspective
Shamila Dawood
PART IV INVESTMENT ARBITRATION
9. Human Rights Obligations in Investor-State Contracts: Reconciling Investors' Legitimate Expectations with the Public Interest
Enrique Boone Barrera
10. From Myopia to Flashes of Clear Vision? Deciding Interaction and Conflict of Treaties in Investor-State Arbitration after Urbaser v Argentina
Ahmad Ghouri
11. Achieving Sustainable Development Objectives in International Investment Law through the Lens of Treaty Interpretation
Ying-Jun Lin
PART V FUNDING, FINANCE AND TAX
12. Fossil Fuels Divestment: A Strategy for Sustainability?
Benjamin J. Richardson
13. Creative Cocktails or Toxic Brews? Blended Finance and the Regulatory Framework for Sustainable Development
Celine Tan
14. Apple Tax: The Core Issues
Irene Lynch Fannon
Index
