AGENDA 2030 MEASUREMENTS AND FINANCE INTERACTION OF INTERNATIONAL INVESTMENT LAW AND SUSTAINABILITY

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Danielle Mendes Thame Denny
Douglas Castro
Emma Maxiao Yan

Abstract

This work analyzes the Agenda 2030 in its main potentiality to lead public policies and private actions towards a more sustainable path. At the same time it acknowledges its dependency on measurementsand finance mechanisms for the Sustainable Development Goals implementation. The main argument is that public expectations face difficulties to be translated in public actions, due to,among other factors, the lackof measurement and financemechanisms. With this purpose it starts describing what is the Agenda 2030, and how this United Nations lead international declaration is structured to be monitored and implemented by States and others multi stakeholders. Secondly it analyses the importance of the measurements to address critical social environmental challenges and to allow comparison between the achievements of each member state. Third it remarks the role[1]played by international financial institutions, by international investment and by the private sector in general. Forth, the article highlights the drawbacks the methodology of goals can represent when used to overcome collective challenges marked by moral issues and diffuse impacts, being highly dependent on measurements and finance tools.The methodology chosen was the descriptive and normative, the techniques used were documentary, legislative and bibliographic research.

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Author Biographies

Danielle Mendes Thame Denny, Unisantos/Yale

Visiting associate researcher at Whitney and Betty MacMillan Center for International and Area Studies at Yale University. PhD candidate in International Environmental Law at Universidade Católica de Santos, with fellowship from Coordenação de Aperfeiçoamento de Pessoal de Nível Superior. Professor at Fundação Armando Alvares Penteado and Universidade Paulista, Brazil. 

Douglas Castro, FGV

Pós-doutorando da Escola de Direito de São Paulo da Fundação Getulio Vargas. Doutor em Ciência Política - Relações Internacionais pela Faculdade de Filosofia, Letras e Ciências Humanas da Universidade de São Paulo. Mestre em Direito pela Faculdade de Direito da Universidade de São Paulo. LL.M. em Direito Internacional pela Brigham Young University. 

Emma Maxiao Yan, University of Science & Technology, Beijing, China

Visiting associate researcher at Whitney and Betty MacMillan Center for International and Area Studies at Yale University. PhD of Philosophy, major in Political Philosophy and Ethics. Associate professor at University of Science & Technology Beijing, China.