Provisions affirming states\u2019 right to regulate are another way of reconciling investment objectives with environmental and social principles.<\/p>\n
Some treaties incorporate a general exception clause adapted from GATT Article XX, which covers a wide range of exceptions including those relating to environmental protection (see Section 3.6<\/a>). Other treaties have developed more refined texts exclusively addressing environment, safety and public health concerns. The question is whether such general exceptions actually cover the investment provisions of the agreement\u2014many will specify which sections of the agreement they cover and will omit the investment chapter.<\/p>\n Another approach is to make it clear that states\u2019 right to regulate is not an exception to investors\u2019 treaty-based rights, but rather a pre-existing right, not limited by other clauses in the agreement. It is, therefore, more effective to draft and label these clauses in an affirmative approach, making it explicit that the state has the right to regulate in those areas.24<\/sup><\/p>\n","protected":false},"excerpt":{"rendered":" Provisions affirming states\u2019 right to regulate are another way of reconciling investment objectives with environmental and social principles. Some treaties incorporate a general exception clause adapted from GATT Article XX, which covers a wide range of exceptions including those relating to environmental protection (see Section 3.6). Other treaties have developed more refined texts exclusively addressing… Read more »<\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"parent":130,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"1"},"class_list":["post-132","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/pages\/132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/comments?post=132"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/pages\/132\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/pages\/130"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/toolkits\/sustainability-toolkit-for-trade-negotiators\/wp-json\/wp\/v2\/media?parent=132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}