Book contents
- Frontmatter
- Contents
- contributors
- Abbreviations
- Part I The framework
- Part II Special topics
- Part III Case studies
- 11 The implications of the Chad???Cameroon and Sakhalin transnational investment agreements for the application of international environmental principles
- 12 Project finance arrangements for the Baku???Tbilisi???Ceyhan project
- 13 The Orion and CMB pulp plants in Uruguay
- 14 The Newmont and AngloGold mining projects
- 15 Overview and recommendations
- Index
15 - Overview and recommendations
Published online by Cambridge University Press: 07 September 2011
- Frontmatter
- Contents
- contributors
- Abbreviations
- Part I The framework
- Part II Special topics
- Part III Case studies
- 11 The implications of the Chad???Cameroon and Sakhalin transnational investment agreements for the application of international environmental principles
- 12 Project finance arrangements for the Baku???Tbilisi???Ceyhan project
- 13 The Orion and CMB pulp plants in Uruguay
- 14 The Newmont and AngloGold mining projects
- 15 Overview and recommendations
- Index
Summary
Overview
These chapters have investigated ways in which PF can potentially affect, both positively and negatively, key social and environmental concerns. Before we move to summarize the findings and conclude with a list of recommendations, it is useful to place the earlier arguments in the context of the recent financial crisis; a crisis which throws into relief several of the major concerns raised in the book.
A recent report by UNCTAD on the impact of the crisis on investment strategies indicates that most transnational corporations surveyed ‘are still grappling with the short-term impacts of the crisis, [though] a sizable majority expect the business environment to improve substantially by 2012.’ One of the direct effects of the crisis is that many companies have shifted their geographical priorities towards developing and transition countries.
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- Information
- Global Project Finance, Human Rights and Sustainable Development , pp. 490 - 498Publisher: Cambridge University PressPrint publication year: 2011