Towards G20 guiding principles on investment facilitation for sustainable development
report
posted on 2023-06-09, 19:35authored byAxel Berger, Ahmad GhouriAhmad Ghouri, Tomoko Ishikawa, Karl P Sauvant, Matthew Stephenson
There is growing support behind an international framework to facilitate investment for sustainable development. This Policy Brief suggests that the G20 consider adopting Guiding Principles on Investment Facilitation for Sustainable Development, to help ensure that these efforts result in an effective, coherent, and developmentoriented outcome. To this end, this Brief proposes guiding principles to: (1) orient investment facilitation, (2) facilitate sustainable FDI, (3) integrate facilitation throughout the investment lifecycle, (4) engage in multistakeholder consultations, (5) ensure shared responsibilities, (6) encourage cooperative activities, (7) adopt a whole-of-government approach, (8) focus on national efforts within a multilateral framework, and (9) support capacity building coupled with flexibility.
History
Publication status
Published
File Version
Published version
Journal
TRADE, INVESTMENT AND GLOBALIZATION
Publisher
THINK 20 — The research and policy advice network for the G20