Will International Investment Rules Obstruct Climate Protection Policies? An Examination of the Clean Development Mechanism
نویسندگان
چکیده
Rules governing the global environment and the international economy are currently decided in separate arenas. Yet, environmental agreements can have strong economic implications, particularly with the growing use of market mechanisms. Economic liberalization rules, meanwhile, may limit the effectiveness of environmental agreements. This paper assesses the potential interaction between one important market-based environmental mechanism – the Clean Development Mechanism of the Kyoto Protocol on climate change – and the framework of international investment law.
منابع مشابه
موانع جذب سرمایهگذاری در حوزه شهری (مورد مطالعه: استان لرستان)
Absorbing investment in urban area is an important factor affecting progress and prosperity of the urban economy. Investment in any province is affected by a set of major factors in the country and specific factors of that province. If it is not invested appropriately in any society, economic growth will be slowed or stopped. During last years, by notifying the policies of Article 44 of the con...
متن کاملA Proximate Mirror: Greenhouse Gas Rules and Strategic Behavior under the US Clean Air Act
The development of climate policy in the United States mirrors international developments, with efforts to initiate a coordinated approach giving way to jurisdictions separately taking actions. The centerpiece of US policy is regulation in the electricity sector that identifies a carbon emissions rate standard (intensity standard) for each state but leaves to states the design of policies, incl...
متن کاملStrategic Management of the Investment Process in the Agricultural Sector (for Example, Agricultural Enterprises and the Food Industry)
The article presents the results of a study of the nature and characteristics of investment processes in the agricultural sector (by the example of agriculture and food industry in Ukraine), as well as recommendations on the modernization of the mechanisms for strategic management of these processes. It is noted that the restoration and development of Ukraine is possible on the basis of the eff...
متن کاملOutput Loss from Sudden Stop of FDI and the Role of Macroeconomic Policies
Generally, international flows of capital and foreign direct investment attraction are challengeable issues in the literature of economic growth and development in emerging market countries. However, the fluctuations in foreign direct investment, including sudden flood and stop, will affect emerging markets' output and macroeconomic variables. Using an econometric model with unbalanced panel da...
متن کاملMethods for quantifying the benefits of sustainable development policies and measures (SD-PAMs)
CLIMATE POLICY 8 (2008) 119–134 doi:10.3763/cpol.2007.0433 © 2008 Earthscan ISSN: 1469-3062 (print), 1752-7457 (online) www.climatepolicy.com How can the concept of sustainable development policies and measures (SD-PAMs) be operationalized in a multilateral climate regime? The strategic approach is to focus on policies and measures that are firmly within the national sustainable development pri...
متن کامل