Projects

Research + Investment Law and Policy


Investment Promotion and Facilitation for Sustainable Development

Investment is a critical component of sustainable development. In particular, under the right conditions, foreign direct investment (FDI) can improve economic growth and living standards, create jobs, transfer technology and know-how and result in supply chain upgrading. However, its benefits are not automatic, and, if not carefully governed, investment can result in harm to the… read more

Securing Adequate Legal Defense in Proceedings under International Investment Agreements: A Scoping Study

CCSI prepared a Scoping Study on Securing Adequate Legal Defense in Proceedings under International Investment Agreements (Scoping Study) for the Ministry of Foreign Affairs of the Netherlands. Also available are: A summary version of the study (33 pages) A webinar (March 24, 2020), hosted by CCSI and the Ministry of Foreign Affairs of the Netherlands, discussed the… read more

Investor-State Dispute Settlement and Environmental Justice

Policymakers and environmental advocates have often overlooked how provisions granted by states in international investment agreements (IIAs) have been used by investors to challenge government measures taken in the public interest to protect the environment and advance environmental justice.

Human Rights Law and the Investment Treaty Regime

In its current form, the international investment treaty regime may stymie the business and human rights agenda in various ways. This draft chapter, which will be published in the forthcoming Research Handbook on Human Rights and Business, provides an overview of the interaction between human rights law and the investment treaty regime and explores options for addressing the challenges that arise due to this interaction.

Exploring Alternatives to ISDS

Investment treaties are often described as instruments aiming to (1) promote investment flows; (2) provide investors remedies for harms; (3) improve governance and the rule of law in host countries; and (4) depoliticize disputes – objectives of varying degrees of importance to multinational enterprises, home states, host states, and other stakeholders. The investor-state dispute settlement… read more

Investment Treaties and Environmental Protection: Actual and Potential Interactions

CCSI examines how investment treaties (both their substantive standards and dispute settlement mechanisms) can, do, and should impact development and implementation of environmental policy, including, but not limited to, measures related to climate change. CCSI implements this project through a range of activities. These include: reviewing all publicly available investor-state arbitration decisions to identify implications… read more

Closing Accountability Loopholes and Ensuring Compensation for Environmental Harm

While international investment can provide transfers of capital and technology that spread the use of environmentally sound products and processes, and enable countries to “leapfrog” more polluting phases of development, it can also give rise to certain environmental risks. For one, strategies that firms use to structure their operations across borders and the doctrine of… read more

Investment Law and Intra-National Inequality

Contrary to SDG 10, which aims to combat inequality both within and among countries, levels of intra-national inequality in particular are on the rise in many countries. It is therefore timely and crucial to examine what factors are causing these gaps, and how they might be reduced. CCSI is examining the role of investment treaties… read more

Amicus Raising Human Rights Arguments in Respect of Investor-State Disputes

CCSI submitted an application to file a written submission as an “other person” in Bear Creek Mining Corporation v. Republic of Peru. CCSI’s submission focused on a range of issues, including the implications of international human rights law for the interpretation and application of investment treaty standards.

Aligning Investment Treaties with Sustainable Development

Policy makers and other stakeholders are currently asking fundamental questions about whether and to what extent international investment agreements (IIAs) are consistent with and are helping to advance sustainable development objectives at home and abroad. A 2019 paper from CCSI examines the alignment of IIAs with the 2030 Sustainable Development Agenda, arguing that while FDI will play… read more

Investment Arbitration and Human Rights

CCSI focuses on the intersection of international investment law and international human rights law, and the impacts of their application for the most vulnerable of rights-holders. Among other things, this includes a specific focus on investment arbitrations, and their implications for the realization of human rights.

Agricultural Investments under International Investment Law

International investment law, based primarily on international investment treaties, plays an important role in the governance of investment in agriculture, forestry, and fishing. CCSI partnered with IIED and IISD to produce a briefing note that explains how investment law affects these investments, and how policy-makers can navigate the challenges posed by current frameworks.

Research Series on New Trends in and Development Impacts of International Investment Law

An ongoing stream of CCSI’s work is to follow developments with claims made and decisions issued in treaty-based investor-state arbitrations, and produce papers documenting these developments and highlighting their implications for environmental, social and economic policy.

Relationship between Investment Treaty Protections and Domestic Law Standards

With over 3000 international investment treaties in existence and governments continuing to negotiate and ratify additional bilateral and multilateral investment treaties, it is important to have a clear understanding of the implications of these investment treaties on investor protections and state liability, and the resulting balance of public and private interests that they strike. To… read more

Bridging the Gaps between Investment Law and Environmental Policy

Additional Tags: Policy and Advisory Work

CCSI is reviewing international investment agreements and the case law interpreting them, and analyzing what the treaties mean for domestic environmental policy.

Essential Security Clauses in International Investment Agreements

This project looks at the extent to which international investment agreements have come to incorporate clauses that provide the parties with exceptions from the application of certain disciplines.

China’s emergence as an important outward investor and implications for international investment law

China has become one of the three most important outward foreign direct investors, complementing its role as one of the most important host countries world wide and the most important one among developing countries. Moreover, the country has concluded the second highest number of of bilateral investment treaties, in addition to free trade agreements with… read more

China-US Bilateral Investment Treaty

This project looks at the obstacles to an agreement between China and the US, and the compromises that could possibly be envisioned.

Outward FDI and Competitive Neutrality

The study of outward FDI and competitive neutrality seeks to analyze what measures home countries have undertaken to support their outward investing enterprises and what the salient features are of these measures.

Review of Legal Frameworks Governing Public-Private Partnerships

CCSI is working to deepen and broaden understanding regarding the appropriate legal frameworks that can better ensure that public-private partnerships result in high quality, accountable, and sustainable infrastructure and related services.

Leveraging Investment for Sustainable Development: the Role of Performance Requirements for Technology Transfer

This project furthers research (1) on the types of performance requirements countries may want to use (or avoid using) in order to fully reap the benefits from investments by MNEs; and (2) the role of international investment agreements in promoting or restricting use of such performance requirements.

Home-country Measures Supporting International Climate Change Mitigation and Adaptation

This research project focuses on identifying concrete actions home states can take to help catalyze and channel FDI to enhance technology transfer for climate change mitigation and adaptation strategies.

Emerging-Market MNEs and Sustainable Development

The Emerging Market Global Players Project leads and coordinates research among a worldwide network of academics and institutions that produce new studies on the salient features of MNEs from emerging markets and their impact on sustainable development.

Intra-African Investment Flows

In partnership with Africa Investor, CCSI evaluated trends in intra-African investment flows over the last 10 years. A high-level summary of the research was published in the November 2012 edition of Africa Investor magazine.