Chapter 4 The Implications of Sustainable Development Goals for Energy Trade and Investment

In: A Multifaceted Approach to Trade Liberalisation and Investment Protection in the Energy Sector
Jason Rudall
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There is great potential for international law to further the Sustainable Development Goals (sdgs) and, in turn, the sdgs are likely to have an impact on the development of international law, particularly in the areas of trade and investment. While the jurisprudence of the World Trade Organization’s (wto) Dispute Settlement Body and investment tribunals has so far presented a challenging picture for the renewables sector, several emerging features offer potential avenues through which the sdgs could have an impact. This chapter begins by mapping the relevance of the sdgs for energy, charting the specific targets and indicators that have been set before turning to a consideration of the role that trade and investment will play in the realization of the sdgs. It then homes in on the entry points for the sdgs in the international trade law framework, as well as appraising wto jurisprudence on government supported renewable energy measures. Moreover, the chapter considers new developments in international investment agreements that lend themselves to the incorporation of the sdgs, as well as providing an analysis of relevant investor-state dispute settlement jurisprudence. Finally, the chapter looks ahead at the prospects for the sdgs in energy trade and investment.

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