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International Financial Institutions and Sustainable Development

Lawmaking and Accountability
Buch | Hardcover
216 Seiten
2025
Cambridge University Press (Verlag)
978-1-009-40726-7 (ISBN)
124,70 inkl. MwSt
To broaden understanding about international economic law and sustainable development, the book examines how the law of international financial institutions (IFIs) treats 'non-economic' issues. It dissects IFIs' environmental and social policies, the independent accountability mechanisms, and the participation therein of project-affected people.
Balancing theoretical and practice-oriented elements, this book introduces researchers, teachers, and students in international sustainable development law to the IFIs' safeguard policies. It also scrutinizes the case law of independent accountability mechanisms that interpret those policies and afford recourse to individuals and communities adversely affected by development projects. The book's focus on the procedural and substantive features of IFIs' safeguard systems contributes to a more concrete understanding of these organizations' participation in the international lawmaking process on sustainable development. It puts IFIs in the spotlight and provides an international legal critique of their activities to match their notoriety in popular consciousness and to enhance their accountability to those they harm. By approaching international (economic) law and sustainable development through the lens of economic, environmental, and social issues arising in development projects primarily in the Global South, the book presents a needed counterbalance to existing literature on the topic.

Johanna Aleria Lorenzo is an Assistant Professor in Public International Law at the University of Amsterdam. Her perspective on international law's interaction with development, sustainability, and global economic governance, is informed by her upbringing, education, and professional experience in Asia, the United States, and Europe. Johanna received the Ambrose Gherini Prize, the highest prize awarded in the field of international law by Yale Law School, for her doctoral dissertation on which this book is based.

1. Introduction: situating (Sustainable) development and non-state actors in international law; 2. Sustainability's journey: snapshots from Stockholm, Rio, Copenhagen, The Hague, Johannesburg, and New York; 3. Detour to Bretton woods: re-constructing the international bank for sustainable development; 4. Public participation and integration: procedural and substantive principles of sustainable development; 5. Safeguard systems: legal institutional framework for sustainability of development projects; 6. IFIs as lawmakers i: hardening international 'soft' law on sustainable development and externalizing 'internal' law on development finance; 7. IFIs as lawmakers II: harmonizing and coordinating towards a droit commun on sustainable development; 8. Institutional lawmaking and international legal accountability: finding remedies for un-sustainable development projects; Conclusion: a place for accountable non-state actors in international sustainable development lawmaking.

Erscheint lt. Verlag 30.4.2025
Reihe/Serie Cambridge International Trade and Economic Law
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Öffentliches Recht Völkerrecht
Wirtschaft Volkswirtschaftslehre
ISBN-10 1-009-40726-0 / 1009407260
ISBN-13 978-1-009-40726-7 / 9781009407267
Zustand Neuware
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