Much Ado About Nothing? – Advocating for Legality Clauses instead of ESG and CSR Investor Obligations in International Investment Agreements
Kluwer Arbitration
JANUARY 29, 2024
For instance, the South African Development Community Model BIT Template mandates investors to conduct an environmental impact assessment ( Art. This is not only more cost-sensitive but also prevents stalling tactics of the Contracting States by flooding the arbitration with minor transgressions. 1 Netherlands Model BIT 2019 ).
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