Fair and Equal Treatment as a Mechanism for Protecting Investor Rights in ‘Environmental-Investment’ Disputes
https://doi.org/10.17803/1994-1471.2020.113.4.155-163
Abstract
In the paper, the author considers the correlation and mutual influence of international investment and environmental law following the example of one of the most effective mechanisms for protecting investor rights — the standard of fair and equal treatment. As part of the study on the application of the standard in investment disputes related to environmental protection, the content of the standard for fair and equal treatment in the form of obligations of the recipient state of the investment is considered. The most significant guarantees of fair and equal treatment in the context of ‘environmental investment’ disputes are highlighted: compliance with due procedure, protection of legitimate (reasonable) expectations and access to justice. The features of their application in ‘environmental-investment’ disputes by analyzing the practice of investment tribunals are studied. The author considers cases when the investor is not entitled to refer to a violation by the state — recipient of the investment of the standard of fair and equal treatment. It is concluded that the application of the standard should help to find a balance of interests between public and private interests.
About the Author
K. V. Petrov
Kutafin Moscow State Law University (MSAL)
Russian Federation
Russian Federation
Postgraduate Student, Department of International Law
ul. Sadovaya-Kudrinskaya, d. 9, Moscow, Russia, 125993
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Review
For citations:
Petrov K.V. Fair and Equal Treatment as a Mechanism for Protecting Investor Rights in ‘Environmental-Investment’ Disputes. Actual Problems of Russian Law. 2020;15(4):155-163. (In Russ.) https://doi.org/10.17803/1994-1471.2020.113.4.155-163
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