Hungarian Yearbook of International Law and European Law

Article

Sustainable Developments in Foreign Investment Law and Policy

Related to Renewable Energy and Climate Change Mitigation and Adaptation

Keywords sustainable development, climate change mitigation, Paris Agreement, renewable energy law, ICSID
Authors Marie-Claire Cordonier Segger
Author's information

364591 Marie-Claire Cordonier Segger
Senior director, Centre for International Sustainable Development Law (CISDL); professor of law, University of Waterloo, Canada.
  • Abstract

      Sustainable development is gradually integrated into policies worldwide, meanwhile, government authorities and policymakers, alongside public and private enterprises, are signaling the growing scope and scale of investment opportunities in this field. Capital cuts and decreasing generating costs are fueling the market in renewable technologies. At the same time, bilateral and multilateral treaties are being negotiated, which set the framework for expanding sustainable solutions: treaty regimes increasingly encourage and promote trade and investment for more sustainable energy development, responding to global concerns on climate change. Investment protection litigation offers new insights into trends in jurisprudence, demonstrating how this field of law can be instrumental not only for protecting undertakings’ interests, but holding countries to their commitments under international treaties for the protection of the environment.

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