ABSTRACT
This chapter aims to identify the problematic aspects of the relevant issue areas within the multilateral investment and trade regimes which, from an environmental perspective, need to be addressed via policy reform. It explores policy recommendations to solve these problems in a way that the economic development aspirations of developing countries are not negatively affected. Some of the recommendations stand to encounter resistance from developed countries, others from developing countries. For example, assistance for institutional capacity-building and local empowerment costs money and is likely to find lip-service support from developed countries, but opposition when it comes to paying the bill. There will be no alternative to ensuring that this greening takes place in a way that is supportive of the economic development aspirations of developing countries, because their political weight in these matters will increase continually and they can block all reform proposals if they want.
