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. To prevent even minor transgressions from falling under the clause, a threshold-requirement of serious violations could be introduced. 34) already has such provisions in place.
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