The world needs more "Green FDI" that contributes to environmental objectives, including the reduction of greenhouse gas emissions. Goals have been set by countries and MNEs to reduce emissions. To support meeting these commitments–and encourage additional MNEs to reduce emissions–this...

As WTO agreements involve complex issues, it is useful to obtain information/advice from civil society. The WTO Investment Facilitation for Development Agreement offers an opportunity to institutionalize civil-society input for its implementation. This Perspective uses the OECD's experience as...

The authors argue that a WTO Investment Facilitation for Development Agreement needs a strong responsible business conduct provision, as such a provision helps to increase the contribution that FDI can make to sustainable development. They suggest some elements of such a provision.

Efforts to build specialized skills in government for negotiating international investment contracts often have little value for reasons discussed in this Perspective; even private firms hire advisors for skills needed infrequently. However, the Perspective proposes special circumstances and...

On July 6, 2023, 112 WTO members concluded text negotiations on an Investment Facilitation for Development Agreement. This Perspective outlines its contents, identifies its benefits and suggests further actions that should be taken.

Countries offer hundreds of billions of dollars for semiconductor, electric vehicles and renewable energy projects, super-charging a global FDI incentives race. This Perspective suggests that countries providing incentives should do that in a manner that results in wider benefits for the host...