An International Support Programme for Sustainable Investment Facilitation

International Centre for Trade and Sustainable Development (ICTSD), July 2015

12 Pages Posted: 26 Mar 2018 Last revised: 19 Apr 2018

See all articles by Karl P. Sauvant

Karl P. Sauvant

Columbia University - Columbia Center on Sustainable Investment

Khalil Hamdani

Lahore School of Economics

Date Written: July 1, 2015

Abstract

This note advances the case for an international support programme for sustainable investment facilitation. As it explains, potentially all investments are sustainable, but the appropriate policy frameworks need definition, often in novel ways and increasingly in partnership with multiple stakeholders, domestic and foreign. Facilitating investment for future needs, therefore, is not a matter of promotion-as-usual, but a process of discovery and diffusion of new approaches and applications, a process that needs nurturing and support by the international community. Ways in which such backing can be provided to an international support programme for sustainable investment facilitation are discussed in detail, including making use of the World Trade Organization-(WTO) led Aid-for-Trade Initiative and the recently adopted WTO Trade Facilitation Agreement.

The issues mentioned for possible inclusion in the support programme, as well as the options outlined on how such a programme could be put in place, are illustrative. The key premise is the importance — and urgency — of creating more favourable conditions for sustainable FDI flows to meet the investment needs of the future. As governments and the private sector increasingly share this view, they will hopefully muster the political will and find the appropriate venue to put an international support programme for sustainable investment facilitation in place.

Suggested Citation

Sauvant, Karl P. and Hamdani, Khalil, An International Support Programme for Sustainable Investment Facilitation (July 1, 2015). International Centre for Trade and Sustainable Development (ICTSD), July 2015, Available at SSRN: https://ssrn.com/abstract=3143372

Karl P. Sauvant (Contact Author)

Columbia University - Columbia Center on Sustainable Investment ( email )

Columbia Law School
435 W 116th Street
New York, NY 10027
United States

HOME PAGE: https://works.bepress.com/karl_sauvant/388/

Khalil Hamdani

Lahore School of Economics ( email )

Intersection Main Boulevard
Phase VI DHA and Burki Road
Burki, Lahore 54000
Pakistan

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