Investment Treaties and Environmental Protection - Treaty Provisions, Systemic Integration and State Practice
Article from: TDM 1 (2023), in Climate Change
Executive Summary
This paper considers the interpretation of environmental clauses found in investment treaties and provides an overview of the gradual emergence of various types of environment-related provisions across the investment legal framework. The inclusion of express environmental language is a fairly recent development, having become more common from the mid-1990s onwards. Although environmental treaty provisions are far from being the main tool to promote and protect sustainable development and environmental goals, these concerns are being increasingly reflected in investment ...