Inter-Linkages: The Kyoto Protocol and the International Trade and Investment Regimes

by United Nations University

Published: September 2001
Publisher: United Nations University Press
Pages: 281
Paperback
ISBN: 9789280810400

       

Overview of Inter-Linkages: The Kyoto Protocol and the International Trade and Investment Regimes

In 1997, delegates to the third session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) agreed by consensus to adopt the Kyoto Protocol under which industrialized countries would reduce their combined greenhouse gas emissions by an average 5.2% from their 1992 levels. This will require a fundamental shift in the way in which energy is produced and the way it is used. This factor, in itself, is enough to catapult the Protocol out of the purely environmental realm and into the domain of global economics. The publication examines the Climate Change Convention in the context of potential synergies and conflicts that could arise between it and the World Trade Organization, international investment agreements, and private and contractual trade law. This practical study demonstrates how synergism and coordination could be accomplished in practical terms.

Synopsis of Inter-Linkages: The Kyoto Protocol and the International Trade and Investment Regimes

In 1997, delegates to the third session of the Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) agreed by consensus to adopt the Kyoto Protocol under which industrialized countries would reduce their combined greenhouse gas emissions by an average 5.2% from their 1992 levels. This will require a fundamental shift in the way in which energy is produced and the way it is used. This factor, in itself, is enough to catapult the Protocol out of the purely environmental realm and into the domain of global economics. The publication examines the Climate Change Convention in the context of potential synergies and conflicts that could arise between it and the World Trade Organization, international investment agreements, and private and contractual trade law. This practical study demonstrates how synergism and coordination could be accomplished in practical terms.

Booknews

Nine essays and discussion papers focus on the links between climate- change policy and international trade and investment. The collection seeks to address two needs: both for a greater awareness of the importance and potential sweeping impact of climate change, and also for a broader view on the context of international laws and policies. It sets out issues that remain unresolved in the landmark Kyoto Protocol, looks at the potential role of the private sector, discusses issues related to noncompliance, investigates the relationship of the protocol to international trade regimes (particularly the World Trade Organization), delves into the interrelationships between the protocol and the Multilateral Agreement on Investment, and analyzes potential synergies with private investment rules. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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Booknews

Nine essays and discussion papers focus on the links between climate- change policy and international trade and investment. The collection seeks to address two needs: both for a greater awareness of the importance and potential sweeping impact of climate change, and also for a broader view on the context of international laws and policies. It sets out issues that remain unresolved in the landmark Kyoto Protocol, looks at the potential role of the private sector, discusses issues related to noncompliance, investigates the relationship of the protocol to international trade regimes (particularly the World Trade Organization), delves into the interrelationships between the protocol and the Multilateral Agreement on Investment, and analyzes potential synergies with private investment rules. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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