Regulating Foreign Investment for Sustainable Development
The Columbia Center on Sustainable Investment (CCSI) Hosts a Two-Day Summit Exploring Nations' Efforts to Regulate Multinational Companies' Conduct Abroad.
New York, December 15, 2014—Do the home nations of multinational corporations have a responsibility to regulate those companies’ foreign investments? If so, what form should those regulations take, and how can they best help foster sustainable development?
Leading government officials, investors, scholars, and advocates gathered at Columbia’s Faculty House Nov. 12 and 13 for the Ninth Annual Columbia International Investment Conference, “Raising the Bar: Home Country Efforts to Regulate Foreign Investment for Sustainable Development.” The summit was organized by the Columbia Center on Sustainable Investment (CCSI), a joint center of Columbia Law School and the Earth Institute, Columbia University.
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Speakers included Jeffrey Sachs, director of the Earth Institute, and officials from Ecuador, the Democratic Republic of Congo, the U.S., Canada, and the European Union, as well as senior representatives of private sector companies, including Rio Tinto and Vale, and civil society organizations like Human Rights Watch. A background paper and taxonomy of home country measures was prepared for the event.
The conference was co-sponsored by the United Nations Conference on Trade and Development (UNCTAD), Norges Bank, Nankai University and Chadbourne & Parke LLP.