This blog post John Morrison, Executive Director of the Institute for Human Rights and Business, discusses what the social responsibilities of sporting events should be and argues for greater oversight and due diligence at every stage of the mega-sporting events delivery process.
Chile's Foreign Investment Committee (CIEChile) and the OECD are partnering to improve CIEChile's role as an investment promotion agency, enabling the country to attract more and better investment.
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This report by OECD and UNCTAD compiles G20 investment measures taken between 2 April 2009 and 15 May 2015.
This blog post discusses how the UN Guiding Principles Reporting Framework, introduced in February 2015, help companies provide evidence of how they are conducting human rights due diligence: the process of assessing and addressing their human rights impacts, and tracking and communicating how well they do so.
Governments can affect the way markets function, sometimes to the detriment of free competition. Ensuring a level playing field is therefore essential to allow competition to work properly. In June 2015, competition experts and delegates debated the challenges arising from state interventions in the market and what competition authorities can do to address the distortions that such interventions can create.
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This cross-country report analyses the legislation on liability of legal persons for corruption and its enforcement in Eastern Europe and Central Asia, highlighting national practices that may be promoted as good practice. While it focuses on 25 countries participating in the Anti-Corruption Network for Eastern Europe and Central Asia (ACN), examples from OECD countries are also included.
Investment Insights publishes original research and analysis on current international investment issues. Articles are published under the responsibility of the authors and do not necessarily reflect the views of the OECD or those of its member governments.
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Protectionism and local content requirements are holding back investment in clean energy and thus undermining the fight against climate change. This Investment Insights puts forward policy options for mobilising investment in clean energy and restoring order and confidence in international markets.
The perceived potential of clean energy to support employment in the post-crisis recovery context has led several OECD and emerging economies to design green industrial policies aimed at protecting domestic manufacturers, notably through local-content requirements (LCRs). These typically require solar or wind developers to source a specific share of jobs, components or costs locally. Such requirements have been designed or implemented in the solar- and wind-energy sectors in at least 21 countries, including 16 OECD countries and emerging economies, mostly since 2009.
Empirical evidence gathered in this report shows however that LCRs have actually hindered international investment across the solar PV and wind-energy value chains, by increasing the cost of inputs for downstream activities. This report also takes stock of other measures that can restrict international investment in solar PV and wind energy, such as trade remedies and technical barriers. This report provides policy makers with evidence-based analysis to guide their decisions in designing clean-energy support policies.
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This brochure provides basic information about the Policy Framework for Investment, the most comprehensive and systematic approach for improving investment conditions ever developed. The PFI was updated in 2015 to reflect new global economic fundamentals and to integrate the numerous lessons learnt through the use of the PFI since 2006.