Session 4. Policy space for climate policies
Mar 11, 2024 | 3:10 PM - 4:30 PMCC1
Mar 11, 2024 | 3:10 PM - 4:30 PM
CC1
Description
As a complement to investment treaty incentives for investment choices, investment treaties also affect government regulatory incentives with regard to covered investment. Climate action requires substantial regulatory change including to encourage green investment and reduce the harm from high-carbon activities; it frequently faces substantial political economy hurdles. Action to support green investment or to reduce climate impacts of other investment may also affect the profitability of high-carbon investments. Investment treaties should ideally encourage and at least not dissuade vital government climate action.
Reform proposals initially set out by academic contributors to the OECD public consultation on investment treaties and climate change have been further developed. This session allow a focused discussion on provisions to address government climate policy measures under investment treaties.
Discussion Paper
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