The implementation of sustainable development as a requirement by ICSID tribunals: a proposal for a sustainability standard
Article
Masumy, N. and Hourani, S. 2022. The implementation of sustainable development as a requirement by ICSID tribunals: a proposal for a sustainability standard. Romanian Arbitration Journal. 16 (1), pp. 44-69.
Type | Article |
---|---|
Title | The implementation of sustainable development as a requirement by ICSID tribunals: a proposal for a sustainability standard |
Authors | Masumy, N. and Hourani, S. |
Abstract | There is a growing call to integrate Sustainable Development Goals (‘”SDGs’”) into the general archetype of foreign direct investment (‘”FDI’”). FDI of course has great potential to lead to the creation of new jobs, the eradication of poverty and the potential to raise the income of entire regions. However, it also has a detrimental impact on the environment. The call for the integration of the SDGs has been reinforced with the emergence of the importance of sustainable development at a global level. Examples of initiatives on this matter include the 2030 Agenda for Sustainable Development. Recent UNCTAD reports have also identified a trend where sustainable development and non-commercial considerations were emphasized in the conception of the notion of investment. |
Sustainable Development Goals | 16 Peace, justice and strong institutions |
Middlesex University Theme | Sustainability |
Publisher | Wolters Kluwer |
Journal | Romanian Arbitration Journal |
ISSN | 1842-6859 |
Publication dates | |
31 Mar 2022 | |
Publication process dates | |
Accepted | 22 Mar 2022 |
Deposited | 22 Mar 2024 |
Output status | Published |
Language | English |
https://repository.mdx.ac.uk/item/112zv9
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