Global Project Finance, Human Rights and Sustainable Development (Hardcover)

Sheldon Leader

ISBN 10: 052176260X / ISBN 13: 9780521762601

Published by Cambridge University Press, Cambridge, 2011

About this Item

Hardcover. Many infrastructure projects around the world are funded through the project finance method, which combines private financing with public sector backing from multilateral finance institutions such as the World Bank. This examination of the theoretical and practical implications of such funding begins with a discussion of the relationship between the financial structuring of these projects and finance, policy and legal disciplines, especially in the form of investment law, human rights and environmental law. A number of case studies are then examined to provide practical insights into the application (or otherwise) of human rights and sustainable development objectives within such projects. While these theoretical perspectives do not conclude that the project finance method detracts from the application or implementation of human rights and sustainable development objectives, they do highlight the potential for the prioritisation of investment returns at the expense of human rights and environmental protection standards. Finance, policy and legal perspectives, including human rights and sustainable development, are brought to bear on a variety of case studies in order to examine the theoretical and practical implications of infrastructure projects that are funded through the project finance method, which combines private financing with public backing. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9780521762601

Bibliographic Details

• Title: Global Project Finance, Human Rights and Sustainable Development (Hardcover)
• Publisher: Cambridge University Press, Cambridge
• Publication Date: 2011
• Language: English
• ISBN 10: 052176260X
• ISBN 13: 9780521762601
• Binding: Hardcover
• Condition: new

About this title

Synopsis

This book looks at the positive and negative effects project finance has on societies: for socially responsible investment versus the constraints placed upon the investing parties. The book takes these positive and negative impacts and tries to marry the demands of commercial performance with respect for human rights and environmental protection. It sets out the basics behind the finance model, observes the positive and negative features and goes on to look at international case studies. Finally, it goes on to make proposals for reform.

About the Authors

Sheldon L. Leader is Professor in the School of Law, University of Essex and Director of the Essex Business and Human Rights Project. He works at the intersection between human rights law, areas of law governing economic actors, and legal theory. He has focused on the human rights impact of investment strategies, most recently in Kosovo working with the Organization for Security and Cooperation in Europe (OSCE).

David M. Ong is a Reader at the University of Essex Law School, UK where he teaches and researches in the fields of Public International Law and Environmental Law. He has served as a technical expert and resource person for United Nations Development Programme (UNDP) activities on Oil- and Gas-Producing Developing Countries, as well as the Organization for Security and Co-operation in Europe (OSCE) Mission in Kosovo, alongside Professor Leader.