This book covers international investment law and investor-state dispute settlement in the energy transition era.
The Paris Agreement makes it clear that we need a climate-resilient development in order to limit the rise in global average temperature to 1.5? pre-industrial levels. International lawyers have caught up to reality and also to understanding the role that the legal framework and legal processes play in causing as well as solving the global climate crisis. Put simply, the energy sector, as well as the overall economy, must become greener. To achieve green transition, foreign direct investments are crucial. With that in mind, this book discusses how economy, environmental policy, and investment protection must work together as an effective global governance tool. This promotes and protects renewable energy investments on the one hand, and aids sustainability on the other. This book underscores key issues in the field and offers an overview of the legal landscape available to achieve the goals set out in the Paris Agreement, which clearly articulates that finance flows should be consistent with a pathway to low greenhouse gas emissions.
This book will be of interest to researchers, practitioners, and policy-makers in the field of investment law, energy law and environmental law, in general, and those operating at the intersection of the mentioned, in particular.