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Host states' unilateral climate-change sanctions may be justified: But so may be investors' objections

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  • Ishikawa, Tomoko
  • Olifirenko, Alla

Abstract

Targeted sanctions directed at climate-harming activities of foreign entities have started to attract attention. While sanctions may deter free-riders from undermining collective climate action, they raise issues of consistency with investment protection obligations. This Perspective emphasises the need to incorporate considerations of IIA-consistency into the design of any sanctions program.

Suggested Citation

  • Ishikawa, Tomoko & Olifirenko, Alla, 2025. "Host states' unilateral climate-change sanctions may be justified: But so may be investors' objections," Columbia FDI Perspectives 414, Columbia University, Columbia Center on Sustainable Investment (CCSI).
    • Handle: RePEc:zbw:colfdi:323907
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