Foreign Investment and the Environment in International Law by Vińuales, Jorge E.;

Series: Cambridge Studies in International and Comparative Law;

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Product details:

Publisher Cambridge University Press
Date of Publication 16 April 2015

ISBN 9781107521810
Binding Paperback
No. of pages478 pages
Size 230x150x25 mm
Weight 680 g
Language English

Short description:

Provides academics and practitioners with a detailed analysis of the interface between foreign investment and environmental law.

Long description:

Conflicts between foreign investment law and environmental law are becoming increasingly frequent. On the one hand, the rise of environmental regulation poses significant challenges to foreign investors in several industries. On the other, the surge in investment arbitration proceedings is making States aware of the important litigation risks that may result from the adoption of environmental regulation. This study of the relationship between these two areas of law adopts both a policy and a practical perspective. It identifies the major challenges facing States, foreign investors and their legal advisers as a result of the potential friction between investment law and environmental law and provides a detailed analysis of all the major legal issues on the basis of a comprehensive study of the jurisprudence from investment tribunals, human rights courts and bodies, the ICJ, the WTO, the ITLOS, the CJEU and other adjudication mechanisms.

'[This] book provides a comprehensive analysis of the intersections of foreign investment law and international environmental law. The treatment is balanced and well-reasoned. The book fills an important lacuna in the literature.' Edith Brown Weiss, Francis Cabell Brown Professor of International Law, Georgetown University

Introductory observations; Part I. Setting the Framework: 1. The increasing interactions between foreign investment law and international environmental law; 2. Conceptualising interactions; 3. Synergies; 4. Conflicts I - soft-control mechanisms; 5. Conflicts II - adjudication mechanisms; Part II. Normative Conflicts: 6. Normative priority in international law; 7. Foreign investment and the international regulation of freshwater; 8. Foreign investment and the protection of biological and cultural diversity; 9. Foreign investment and the international regulation of dangerous substances and activities; 10. Foreign investment and the climate change regime; Part III. Legitimacy Conflicts: 11. Normative priority between different legal systems; 12. Environmental measures and expropriation clauses; 13. Environmental measures and non-discrimination standards; 14. Environmental measures, stability and due process; 15. Defence arguments based on environmental considerations; Concluding observations.

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