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Greening regional trade agreements on investment

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  • Shunta Yamaguchi

Abstract

Many governments are increasingly recognising the need to ensure that trade and investment agreements reflect environmental concerns to help achieve overarching environmental goals and to increase their public acceptability. In particular, investment liberalisation and protection, as well as environmental sustainability are essential elements to consider in these agreements to foster economic integration and require coherent policy approaches.In this context, this report investigates possible approaches that can help ensure policy coherence between investment and environment related provisions in regional trade agreements (RTAs). As investment related articles appear not only in RTAs but more broadly in bilateral investment treaties (BITs) and in other international investment agreements (IIAs), the work extends to trade and investment agreements that encompass RTAs, BITs and other IIAs. The report highlights available practices to ensure that investment related provisions reaffirm the domestic environmental policy space.

Suggested Citation

  • Shunta Yamaguchi, 2020. "Greening regional trade agreements on investment," OECD Trade and Environment Working Papers 2020/03, OECD Publishing.
    • Handle: RePEc:oec:traaaa:2020/03-en
    DOI: 10.1787/4452a09d-en
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    More about this item

    Keywords

    bilateral investment agreements; environment policy; environmental provisions; free trade agreements; green investment; international investment agreements; investment policy; Regional trade agreements; trade and environment; trade and investment agreements; trade policy;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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