Harnessing Foreign Investment to Promote Environmental Protection
Incentives and Safeguards

This volume provides cutting-edge interdisciplinary analysis of the synergies between foreign investment and environmental protection by leading scholars and practitioners.

Pierre-Marie Dupuy (Edited by), Jorge E. Viñuales (Edited by)

9781107030770, Cambridge University Press

Hardback, published 14 March 2013

493 pages, 7 b/w illus. 8 tables
23.5 x 15.5 x 3 cm, 0.85 kg

Harnessing Foreign Investment to Promote Environmental Protection investigates the main challenges facing the implementation of environmental protection and the synergies between foreign investment and environmental protection. Adopting legal, economic and political perspectives, the contributing authors analyse the various incentives which encourage foreign investment into pro-environment projects (such as funds, project-finance, market mechanisms, payments-for-ecosystem services and insurance) and the safeguards against its potentially harmful effects (investment regulation, CSR and accountability mechanisms, contracts and codes of conduct).

Introductory observations Pierre-Marie Dupuy and Jorge E. Viñuales
Part I. Protecting the Environment in the XXI Century: The Role of the Private Sector: 1. International Environmental Law: looking at the past to shape the future Pierre-Marie Dupuy
2. The private sector and the challenge of implementation Francesco Francioni
3. The political environment of environmental law Urs Luterbacher
4. The applicability of international environmental law to private enterprises Sandrine Maljean-Dubois and Vanessa Richard
5. Economics of green economies: investment in green growth and how it works Timothy Swanson and Shaun Larcom
Part II. Foreign Investment and Environmental Protection: Incentives: 6. Key instruments of private environmental finance: funds, project finance and market mechanisms Magnus Jesko Langer
7. The potential of international climate change law to mobilise low-carbon foreign direct investment Daniel M. Firger
8. Channelling investment into biodiversity conservation: ABS and PES schemes Riccardo Pavoni
9. The role of insurance risk transfer in encouraging climate investment in developing countries Swenja Surminski
10. Trade-related incentives: the international negotiations over environmental goods and services Konstantina Athanasakou
Part III. Foreign Investment and Environmental Protection: Safeguards: 11. The environmental regulation of foreign investment schemes under international law Jorge E. Viñuales
12. From corporate social responsibility to accountability mechanisms Elisa Morgera
13. Beyond law as tools: foreign investment projects and the contractualisation of environmental protection Natasha Affolder
14. Socially responsible investing through voluntary codes Benjamin J. Richardson
15. The enforcement of environmental norms in investment treaty arbitration Zachary Douglas
Concluding observations Pierre-Marie Dupuy and Jorge E. Viñuales.

Subject Areas: Environment law [LNKJ], Arbitration, mediation & alternative dispute resolution [LNAC5]