On 30 October, ICTSD and the World Economic Forum organised a workshop, “Facilitating Investment for Sustainable Development - II,” as part of its 2016/2017 series of investment policy dialogues, with the support of the Government of the Netherlands. These dialogues follow on from the work of the E15 Initiative Task Force on Investment Policy, which paved the way for the discussions.
The dialogue aimed at proposing investment facilitation norms and sharing best practices on facilitating sustainable investment. In so doing, it convened participants from various stakeholder groups, including government, civil society, academia, business and international organisations, and was structured into three sessions:
1. Investment Facilitation Cooperation and Norms, which examined the necessary elements of investment facilitation agreements and discussed how sustainability criteria could be used in connection with investment facilitation provisions.
2. Practical Investment Facilitation, which discussed examples of developing country experiences in facilitating sustainable investment. This session also discussed actions governments should undertake to identify, create and support sustainable investment projects, as well as investment facilitation policies.
3. Supporting Sustainable Investment Facilitation, which identified challenges, especially for developing countries, in carrying out investment facilitation policies and practices. This session also discussed possible ways to assist developing countries through institutional capacity building, sharing of best practices and multilateral and plurilateral initiatives.