Foreign investment and environmental protection: the liability of ...
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The handbook of global companies (wiley-blackwell 2013) 1, 4 ff. 3 dupuy, p.-m., & vinuales, j. e. (2015). international environmental law.
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Foreign Investment and Environmental Protection: The Liability of Private Enterprises under International Environmental Law Chung-Han Yang, University of Cambridge, United Kingdom The Asian Conference on Sustainability, Energy & the Environment 2016 Official Conference Proceedings Abstract Foreign investment and environmental protection entertain both synergistic and conflicting relations. On the one hand, multinational corporations (MNCs) can harness the resources (financial and technological) to promote environmental protection through various channels (e.g. Clean Development Mechanism, socially responsible investing and private environmental finance). On the other hand, foreign investment may adversely affect the environment of host State. The BP’s Deepwater Horizon tragedy in the Gulf of Mexico in 2010, which caused the largest ever accidental marine oil spill, was a stark reminder of the environmental risks posed by the transnational economic operator. However, traditionally, only...
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