Host states' unilateral climate-change sanctions may be justified: But so may be investors' objections

Tomoko Ishikawa and Alla Olifirenko

No 414, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: Targeted sanctions directed at climate-harming activities of foreign entities have started to attract attention. While sanctions may deter free-riders from undermining collective climate action, they raise issues of consistency with investment protection obligations. This Perspective emphasises the need to incorporate considerations of IIA-consistency into the design of any sanctions program.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:323907

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