GOVERNMENTS in Asia should adopt a more environmentally ambitious approach in negotiating new investment agreements, the Asian Development Bank (ADB) said. The regional development bank suggested this as its analysis found that economies which included climate change and environmental elements in their bilateral investment treaties benefited from greater foreign direct investment (FDI) flows. Releasing its findings in a report on Tuesday (Feb 7), ADB said the effect of new environmental elements in bilateral investment treaties is “positive and significant” for total FDI and green FDI.    https://www.businesstimes.com.sg/esg/new-adb-analysis-links-greener-treaties-higher-fdi-flows (ICE SINGAPORE)

Fonte notizia: Business Times, 7 February 2023