The Practice of International Investment Agreements in the Context of Climate Change Conflicts and Solutions

Abstract

Climate change is an issue of growing importance on a global scale. The traditional International Investment Agreements (IIAs) and the provisions made in response to climate change often conflict with one another. This has led to a need to find a way to reconcile these differences and establish a complementary and mutually reinforcing relationship between IIAs and climate change treaties. This paper aims to identify the focal points of conflict and explore potential solutions through case analysis and other methods. One potential solution is to make reasonable adjustments to the IIAs to align them with the specific provisions needed to address climate change. By doing so, it may be possible to bridge the gap between traditional IIAs and the requirements of climate change treaties. This approach is essential in ensuring that investment agreements do not hinder the progress of climate change initiatives. It is crucial to find a balance that allows for sustainable economic development while also addressing the pressing concerns of climate change. Finding a way to reconcile the conflicts between traditional IIAs and climate change treaties is of paramount importance. By making targeted adjustments and seeking common ground, it is possible to establish a framework that supports both economic growth and environmental sustainability.