Description
International Natural Resources Law, Investment and Sustainability provides a clear and concise insight into the relationship between the institutions that govern foreign investment, sustainable development and the rules and regulations that administer natural resources. In this book, several leading experts explore different perspectives in how investment and natural resources come together to achieve sustainable development in developing countries with examples from water, oil and gas, renewable energy, mineral, agriculture, and carbon trading. Despite varying perspectives, it is clear that several themes are central in considering the linkages between natural resources, investment and sustainability. Specifically, transparency, good governance and citizen empowerment are vital conditions which encourage positive social, economic and environmental outcomes for developing countries. In addition, this book provides new insights into key concepts which underpin international law, including sovereign rights and state responsibility principles. It is clear from this book that in the attempt to reconcile these concepts and principles from separate legal regimes, complex policy questions emerge whereby it is difficult to attain mutually beneficial or succinct outcomes. This book explores how countries prioritise their policy objectives to achieve their notion of sustainable natural resource use, which is strongly influenced by power imbalances that inform North–South cooperation, as well as South–South cooperation in the international investment regime.
This book will be of great interest to students, academics and researchers of international environmental law, international human rights law, international investment law and international economic law. This book may also be of relevance to environmentalists, policy-makers, NGOs, and investors working in the natural resources field.
Table of Contents
Part I. Natural Resources Law and Investment Law: Interactions Foreword by Elizabeth Mrema 1. International Natural Resources Law, Sustainable Investment: Principles and Practice Shawkat Alam, Jahid Hossain Bhuiyan and Jona Razzaque 2. Sovereign rights, state obligations and natural resources Upendra Baxi 3. Evolution of the permanent sovereignty over natural resources in the context of investment regime Jahid Hossain Bhuiyan Part II. Obligations, Regulations and Exceptions Foreword by Dr Kamal Hossain 4. Natural resources management and sustainable development in the WTO legal system: Implications for the Investment Regime Ilaria Espa 5. Natural resource protection in regional and bilateral investment agreements: In search of an equitable balance for promoting sustainable development Shawkat Alam 6. Arbitration and natural resource protection Mariel Dimsey 7. Expropriation, Nationalisation and Resource Protection "Resource Nationalism" and International Law Jürgen Bröhmer 8. Regulatory strategies, CSR and resource protection Paolo Galizzi and Emily Smith Ewing 9. State owned oil companies, North-South and South-South perspectives on investment Elena Blanco Part III. Changing Dynamics Foreword by Professor Philippe Cullet, SOAS London 10. Water, investment and sustainability Rebecca Bates 11. Sustainable agricultural investment and the Global South Jona Razzaque and Phuong Le 12. Sustainable mining, human rights and foreign investment: nexus and challenges Md. Abdullah Al Faruque 13. International indigenous rights, investment and sustainability in the mining sector Andrew Erueti, Sarah Down and Jacinta Ruru 14. Financing energy resources and sustainable development Priscilla Schwartz 15. Carbon trading as a climate change mitigation tool Beatriz Garcia 16. Modern biofuels: The road to sustainability Feja Lesniewska Part IV. Conflict, Corruption and Liability Foreword by Professor Benjamin Richardson, University of Tasmania 17. Natural resources, conflict and investment: Conflict minerals in the Democratic Republic of Congo and the challenges to sustainable investment Onita Das 18. Corruption, investment and natural resources Adam Simpson 19. Criminal liability for exploitation of natural resources Michael Faure
