Abstract
This chapter expounds on the correlation between the World Heritage Convention and international investment law. World heritage holds incommensurable value for both present and future generations, so it receives strengthened protection at the international level. Moreover, the universal ratification of the Convention suggests that adjudicators must consider cultural concerns when handling world heritage-related disputes. The chapter examines principal legal tools to enable a better balance between economic and cultural interests in international investment law and arbitration. It also tackles the adoption of legality requirements, cultural clauses, and/or provisions reaffirming a state’s cultural sovereignty and the obligations to protect world heritage.
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