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Sustainable development goals: Bridging the enforceability gap

SCC Secretary General Annette Magnusson gave a lecture at the Columbia Center on Sustainable Investment in New York in which she proposed a strong enforcement tool to achieve sustainable development goals.

The lecture was part of the Columbia Center on Sustainable Investment (CCSI) International Law and Policy Speaker Series. Around forty law students, researchers and law professors attended the lecture which took place at Columbia Law School in New York on 3 October 2017.

Ms Magnusson’s speech took inspiration from a chapter she contributed to in a book titled International Arbitration in the Energy Sector. The book is to be published in January 2018.

In the speech, Ms Magnusson pointed out the gap in the enforcement of sustainable development objectives, mentioning for example the Sustainable Development Goals and the Paris Agreement. The absence of a strong language addressing enforcement could jeopardize the strength of these documents, Ms Magnusson argued.

“In the past, when long-term objectives have had to compete with other pressing issues on the political agenda, perhaps of a more acute and short-term nature, climate policy and sustainability objectives have had a tendency to lose out”.

To address this issue, the SCC has launched the Stockholm Treaty Lab.

“We have decided to use crowdsourcing to address the current enforcement gap in international law relating to sustainability objectives. The Stockholm Treaty Lab is a competition which seeks to see the birth of a completely new legal instrument with the aim to incentivize growth in support of sustainable development targets,” explained Ms Magnusson.

See the video of the lecture here.

Read more about CCSI Investment Law and Policy Speakers Series here.

Read more about Stockholm Treaty Lab here.

 

 

 

 

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