Foreign Direct Investment and the Environment [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and Development.
Centre for Co-operation with Non-members.
Paris : OECD Publishing,
1999.
Foreign direct investment (FDI) is one of the driving forces binding countries into closer economic interdependence. The rapid increase in FDI flows has generated considerable debate about its environmental implications, in particular the impacts on environmental quality in the investment host country. A broader issue is the role of FDI in promoting sustainable development. To date, much of the debate has been polemical in nature. This volume moves the debate forward by analysing in a clear and considered manner the key issues in the FDI and environment relationship. Empirical evidence from OECD and non-OECD countries is presented and the strengths and weaknesses of policy and institutional frameworks that guide investors' environmental behaviour are discussed. In addition, the emerging role of voluntary commitments on the environment is examined. Best practices in this area are highlighted. The papers were presented at the OECD Conference on Foreign Direct Investment and the Environment held in January 1999 in The Hague.
Foreword by Joke Waller-Hunter and William Witherell -- Opening Address by Gerrit Ybema, Minister for Foreign Trade, the Netherlands -- Foreign Direct Investment and the Environment: Challenges and Opportunities by Donald Johnston, Secretary-General of the OECD -- Summary of the Conference Discussion by the OECD Secretariat -- Foreign Direct Investment and the Environment: Boon or Bane? by Bradford Gentry of the Yale Center for Environmental Law and Policy -- Havens, Halos, and Spaghetti: Untangling the Evidence about Foreign Direct Investment and the Environment by Lyuba Zarsky, Nautilus Institute for Security and Sustainable Development, USA -- The Environmental Implications of Foreign Direct Investment: Policy and Institutional Issues by Gretta Goldenman, Milieu Ltd, Belgium -- Foreign Direct Investment and the Environment: The Role of Voluntary Cor;porate Environmental Management by Jan Adams, Environmental Consultant, Australia
Bibliographic Level Mode of Issuance: Monograph
Foreign direct investment (FDI) is one of the driving forces binding countries into closer economic interdependence. The rapid increase in FDI flows has generated considerable debate about its environmental implications, in particular the impacts on environmental quality in the investment host country. A broader issue is the role of FDI in promoting sustainable development. To date, much of the debate has been polemical in nature. This volume moves the debate forward by analysing in a clear and considered manner the key issues in the FDI and environment relationship. Empirical evidence from OECD and non-OECD countries is presented and the strengths and weaknesses of policy and institutional frameworks that guide investors' environmental behaviour are discussed. In addition, the emerging role of voluntary commitments on the environment is examined. Best practices in this area are highlighted. The papers were presented at the OECD Conference on Foreign Direct Investment and the Environment held in January 1999 in The Hague.
Finance and Investment
Environment