NAFTA's Chapter 11 and the Environment: Addressing the Impacts of the Investor-State Process on the Environment - Executive Summary

By IISD on January 16, 2002
Foreign direct investment, or FDI, is critical to achieving sustainable development in developing countries. In the last two decades it has eclipsed official development assistance. Between one-third and one-half of all private investment in developing countries now comes from FDI. These flows are needed to replace unsustainable industries and infrastructures with sustainable ones. They may also bring spin-off benefits: investing firms may build up technological and management capacity in the host states, increasing their ability to sustainably manage their natural resources.

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IISD, 2002