This blog was originally published on Illuminem, and has been co-authored with Rhian-Mari Thomas. She is the CEO...
Financing Climate & Sustainable Development / Report
Diagnosing how the sovereign ceiling functions as a simplifying shortcut that can obscure meaningful differences across borrowers, and proposing an alternative credit rating approach based on disaggregating sovereign risk into specific transmission channels.
How do sustainable development and responsible business conduct interact within international investment law? An analysis of over 2,100 IIAs and 1,100 treaty-based arbitration documents shows which IIAs refer to these concepts, how they relate to other IIA provisions and to what extent arbitrators refer to these issues in their decisions.
A translation in Mandarin is also available via the “Download Resources” button.
