Environmental Regulation Investment Protection and 'Regulatory Taking' in international law

THIS article addresses a currently very controversial issue—the question of environmental regulation of foreign investment and the limits on such national regulation by international law, in particular by recently completed and nego-tiated multilateral investment Treaties (MITs). It contributes to t...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kolo, Abba (author)
مؤلفون آخرون: Waelde, Thomas (author)
منشور في: 2001
الوصول للمادة أونلاين:https://bspace.buid.ac.ae/handle/1234/3203
https://www.cambridge.org/core/journals/international-and-comparative-law-quarterly/article/environmental-regulation-investment-protection-and-regulatory-taking-in-international-law/D02A2C1293196ACB6F4FE764E81A5C62
https://doi.org/10.1093/iclq/50.4.811
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author Kolo, Abba
author2 Waelde, Thomas
author2_role author
author_facet Kolo, Abba
Waelde, Thomas
author_role author
dc.creator.none.fl_str_mv Kolo, Abba
Waelde, Thomas
dc.date.none.fl_str_mv 2001
2025-06-12T05:21:37Z
2025-06-12T05:21:37Z
dc.identifier.none.fl_str_mv Waelde T, Kolo A. Environmental Regulation, Investment Protection and ‘Regulatory Taking’ in International Law. International and Comparative Law Quarterly. 2001;50(4):811-848. doi:10.1093/iclq/50.4.811
https://bspace.buid.ac.ae/handle/1234/3203
https://www.cambridge.org/core/journals/international-and-comparative-law-quarterly/article/environmental-regulation-investment-protection-and-regulatory-taking-in-international-law/D02A2C1293196ACB6F4FE764E81A5C62
https://doi.org/10.1093/iclq/50.4.811
dc.language.none.fl_str_mv en_US
dc.publisher.none.fl_str_mv Cambridge University Press
dc.relation.none.fl_str_mv International & Comparative Law Quarterly
dc.title.none.fl_str_mv Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
dc.type.none.fl_str_mv Article
description THIS article addresses a currently very controversial issue—the question of environmental regulation of foreign investment and the limits on such national regulation by international law, in particular by recently completed and nego-tiated multilateral investment Treaties (MITs). It contributes to the emerging discussion on how and where to draw the line between legitimate non-compensable national regulation aimed at protecting the environment, or `human, animal or plant life or health'l on one hand, and regulation which is `tantamount' to expropriation requiring compensation, on the other. It is a question that is largely responsible for the 1998 collapse of the negotiations for a Multilateral Agreement on Investment (MAI) within the OECD.2 This experience is currently the main obstacle for negotiating multilateral invest-ment agreements—and it has already become a problem for the proper imple-mentation of the already existing ones—in particular the novel and far-reaching investor-state arbitration under Chapter XI of NAFTA and Art.
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identifier_str_mv Waelde T, Kolo A. Environmental Regulation, Investment Protection and ‘Regulatory Taking’ in International Law. International and Comparative Law Quarterly. 2001;50(4):811-848. doi:10.1093/iclq/50.4.811
language_invalid_str_mv en_US
network_acronym_str budr
network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/3203
publishDate 2001
publisher.none.fl_str_mv Cambridge University Press
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spelling Environmental Regulation Investment Protection and 'Regulatory Taking' in international lawKolo, AbbaWaelde, ThomasTHIS article addresses a currently very controversial issue—the question of environmental regulation of foreign investment and the limits on such national regulation by international law, in particular by recently completed and nego-tiated multilateral investment Treaties (MITs). It contributes to the emerging discussion on how and where to draw the line between legitimate non-compensable national regulation aimed at protecting the environment, or `human, animal or plant life or health'l on one hand, and regulation which is `tantamount' to expropriation requiring compensation, on the other. It is a question that is largely responsible for the 1998 collapse of the negotiations for a Multilateral Agreement on Investment (MAI) within the OECD.2 This experience is currently the main obstacle for negotiating multilateral invest-ment agreements—and it has already become a problem for the proper imple-mentation of the already existing ones—in particular the novel and far-reaching investor-state arbitration under Chapter XI of NAFTA and Art.Cambridge University Press2025-06-12T05:21:37Z2025-06-12T05:21:37Z2001ArticleWaelde T, Kolo A. Environmental Regulation, Investment Protection and ‘Regulatory Taking’ in International Law. International and Comparative Law Quarterly. 2001;50(4):811-848. doi:10.1093/iclq/50.4.811https://bspace.buid.ac.ae/handle/1234/3203https://www.cambridge.org/core/journals/international-and-comparative-law-quarterly/article/environmental-regulation-investment-protection-and-regulatory-taking-in-international-law/D02A2C1293196ACB6F4FE764E81A5C62https://doi.org/10.1093/iclq/50.4.811en_USInternational & Comparative Law Quarterlyoai:bspace.buid.ac.ae:1234/32032025-06-12T05:28:08Z
spellingShingle Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
Kolo, Abba
title Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
title_full Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
title_fullStr Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
title_full_unstemmed Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
title_short Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
title_sort Environmental Regulation Investment Protection and 'Regulatory Taking' in international law
url https://bspace.buid.ac.ae/handle/1234/3203
https://www.cambridge.org/core/journals/international-and-comparative-law-quarterly/article/environmental-regulation-investment-protection-and-regulatory-taking-in-international-law/D02A2C1293196ACB6F4FE764E81A5C62
https://doi.org/10.1093/iclq/50.4.811