Information for G03528
Reconfiguring investment contracts to promote sustainable development
This chapter focuses on investments in lower and middle-income countries and aims to develop a conceptual framework for discusing contracts from a sustainable development percpective, and provides pointers for changes in contractual practice to maximisze the persuit of sustainable development goals like poverty reduction and environmental sustainability.
This chapter has been produced under IIED’s Legal tools for citizen empowerment project.
Investment contracts – from land concessions to production sharing agreements for oil and gas projects – define the terms of an investment and influence the distribution of its costs and benefits. The process to conclude the contracts influences who has what say, when and how. IIED works with partners to rethink these legal documents and the process through which they are formulated.
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Realigning investment contracts with sustainable development