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The Sustainable Investment Facilitation Agreement Between the EU and Angola: A New Model for Investment Agreements?

Kluwer Arbitration

Early this year, the European Union (“EU”) finalized the required internal procedures for the entry into force of the Sustainable Investment Facilitation Agreement concluded between the European Union and the Republic of Angola on 18 November 2022 (“SIFA” or the “Agreement”).

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.”

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

This vision aligns with the aspirations of many governments: leveraging technology to enhance public services , reduce costs, and promote sustainability. Procurement as a Strategic Driver of Digital Transformation Public procurement wields immense influence over markets, technology adoption, and the direction of societal progress.

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ISDS and ESG: Friends or Foes?

Kluwer Arbitration

Nevertheless, a growing number of arbitrations revolve around matters like environmental permits, green incentives, the need for a “social license,” and corruption. Sustainable development requires resources, which foreign states can access through foreign investment. At least not explicitly. IBA Report, p.

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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Ethical procurement refers to the consideration of a wide range of issues relating to the ethical and sustainability goals of an organisation. Extortion This is the other side of bribery, whereby requests for money are made in exchange for favoured consideration or to prevent other forms of corruption from being exposed.

Ethics 52
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‘Arbitration for the Next Generation’ – Challenges and Opportunities Discussed at the Dutch Arbitration Day 2024

Kluwer Arbitration

The ‘rise in legislation’, including the EU Corporate Sustainability Reporting Directive and the EU Corporate Sustainability Due Diligence Directive (see here for previous coverage), impose new duties and potential liabilities on businesses.

Finance 98
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CBAr 23rd International Arbitration Conference: Arbitration and Infrastructure

Kluwer Arbitration

Visconte briefly traced the history of the infrastructure debate, from ancient civilizations such as the Aztecs, Greeks, Incas, and Romans to modern-day discussions on sustainability. In closing, Professor Armesto predicted that arbitration would become increasingly influenced by climate change concerns.