Reforming International Investment Law for Effective Climate Change Action

This study will explore how International Investment Agreements (IIAs) can be adapted to support efficient mitigation and adaptation to climate change. In other words, attempt to align investment policies with objectives of environmental protection. Our goal is to do this without hampering investment in environmental protection. A critical question that this study tries to answeris whether such changes in IIAs can be applied across the board to all different economic contexts and, in particular, their feasibility for less developed countries. Its major goal is to enhance investor confidence, especially in the environmentally green area. This will help us achieve the United Nations' Sustainable Development Goals (SDGs). Our findings have essential implications for policymakers and decision-makers to develop climate policy and international cooperation on climate issues. In addition, it is very relevant to increase economic resilience in various economic environments and to fight the negative impacts of climate change.