Aligning Investment Treaties with Sustainable Development Goals

Policy makers and other stakeholders are currently asking fundamental questions about whether and to what extent international investment agreements (IIAs) are consistent with and are helping to advance sustainable development objectives at home and abroad. A 2019 paper from CCSI examines the alignment of IIAs with the 2030 Sustainable Development Agenda, arguing that while FDI will play an important role in advancing development outcomes, existing treaties must be reformed and future IIAs reimagined in order to achieve deep alignment with the sustainable development goals. The paper proposes that IIAs should be designed and evaluated with respect to their ability to promote investments that advance sustainable development goals, while withholding benefits from investments that undermine these goals. It then argues that treaties should also be evaluated according to their ability to promote, rather than constrain, responsible, SDG-advancing governance at the national level. It considers the effects of IIAs on policy-making processes and regulatory space, cautioning that current provisions in IIAs protect the interests of investors over those of other stakeholders and constrain states’ abilities to regulate investments to conform with the public interest. Finally, it suggests that international agreements could and should do more to address transnational governance gaps, regulatory races to the bottom, and global commons problems, where international commitments related to the governance of investment could advance development outcomes

Briefing Note: Aligning International Investment Agreements with the Sustainable Development Goals

Policy makers and other stakeholders are currently asking fundamental questions about whether and to what extent international investment agreements (IIAs) are consistent with and are helping to advance sustainable development objectives at home and abroad. A 2019 paper from CCSI examines the alignment of IIAs with the 2030 Sustainable Development Agenda, arguing that while FDI will play an important role in advancing development outcomes, existing treaties must be reformed and future IIAs reimagined in order to achieve deep alignment with the sustainable development goals. The paper proposes that IIAs should be designed and evaluated with respect to their ability to promote investments that advance sustainable development goals, while withholding benefits from investments that undermine these goals. It then argues that treaties should also be evaluated according to their ability to promote, rather than constrain, responsible, SDG-advancing governance at the national level. It considers the effects of IIAs on policy-making processes and regulatory space, cautioning that current provisions in IIAs protect the interests of investors over those of other stakeholders and constrain states’ abilities to regulate investments to conform with the public interest. Finally, it suggests that international agreements could and should do more to address transnational governance gaps, regulatory races to the bottom, and global commons problems, where international commitments related to the governance of investment could advance development outcomes. Lisa Sachs describes the Framework in the video, which was prepared for UNCTAD’s 2020 IIA Conference held virtually on November 26, 2020. This framework builds on a previous study, entitled Aligning Swiss Investment Treaties with Sustainable Development, commissioned by the Swiss Agency for Development and Cooperation, that focuses on helping capital-exporting states assess their treaties’ alignment with sustainable development and applies the framework to a review of Swiss IIAs. The framework identifies five principles that should guide the content and application of IIAs (if and when the treaties are concluded) in order to align them with sustainable development objectives: Maintain legitimate policy space and allow legal and regulatory frameworks to evolve over time to address new challenges and changing circumstances; Do no harm; Advance labor standards, human rights, and environmental protection; Increase cross-border investment flows; and Ensure coherence across relevant government policy spheres. The study reviews 40 Swiss IIAs – agreements concluded over roughly the past 50 years – in light of those five principles. Based on that review, the report concludes both that Swiss IIAs often risk frustrating sustainable development outcomes, and represent missed opportunities to proactively advance progress on sustainable development goals. At the same time, the report identifies feasible, concrete steps that the government can take to address these issues in both their existing and future treaties. The Swiss Government’s initiative to analyze IIAs from a sustainable development perspective offers a framework that other governments – particularly governments of capital exporting states – can use to conduct similar reviews

The yellow hypergiants HR 8752 and rho Cassiopeiae near the evolutionary border of instability

High-resolution near-ultraviolet spectra of the yellow hypergiants HR 8752 and rho Cassiopeiae indicate high effective temperatures placing both stars near the T_eff border of the ``yellow evolutionary void''. At present, the temperature of HR 8752 is higher than ever. For this star we found Teff=7900+-200 K, whereas rho Cassiopeiae has Teff=7300+-200 K. Both, HR 8752 and rho Cassiopeiae have developed strong stellar winds with Vinf ~ 120 km/s and Vinf ~ 100 km/s, respectively. For HR 8752 we estimate an upper limit for the spherically symmetric mass-loss of 6.7X10^{-6}M_solar/yr. Over the past decades two yellow hypergiants appear to have approached an evolutionary phase, which has never been observed before. We present the first spectroscopic evidence of the blueward motion of a cool super/hypergiant on the HR diagram.Comment: 13 pages including 3 figures. Accepted for publication in ApJ Letter

FUSE Observations of the Dwarf Nova SW UMa During Quiescence

We present spectroscopic observations of the short-period cataclysmic variable SW Ursa Majoris, obtained by the Far Ultraviolet Spectroscopic Explorer (FUSE) satellite while the system was in quiescence. The data include the resonance lines of O VI at 1031.91 and 1037.61 A. These lines are present in emission, and they exhibit both narrow (~ 150 km/s) and broad (~ 2000 km/s) components. The narrow O VI emission lines exhibit unusual double-peaked and redshifted profiles. We attribute the source of this emission to a cooling flow onto the surface of the white dwarf primary. The broad O VI emission most likely originates in a thin, photoionized surface layer on the accretion disk. We searched for emission from H_2 at 1050 and 1100 A, motivated by the expectation that the bulk of the quiescent accretion disk is in the form of cool, molecular gas. If H_2 is present, then our limits on the fluxes of the H_2 lines are consistent with the presence of a surface layer of atomic H that shields the interior of the disk. These results may indicate that accretion operates primarily in the surface layers of the disk in SW UMa. We also investigate the far-UV continuum of SW UMa and place an upper limit of 15,000 K on the effective temperature of the white dwarf.Comment: 21 Pages, 3 figures, to be published in Ap

The role of antibiotics in the treatment of chronic prostatitis: A consensus statement

Practical guidelines for the diagnosis and treatment of chronic prostatitis are presented. Chronic prostatitis is classified as chronic bacterial prostatitis (culture-positive) and chronic inflammatory prostatitis (culture-negative). If chronic bacterial prostatitis is suspected, based on relevant symptoms or recurrent UTIs, underlying urological conditions should be excluded by the following tests: rectal examination, midstream urine culture and residual urine. The diagnosis should be confirmed by the Meares and Stamey technique. Antibiotic therapy is recommended for acute exacerbations of chronic prostatitis, chronic bacterial prostatitis and chronic inflammatory prostatitis, if there is clinical, bacteriological or supporting immunological evidence of prostate infection. Unless a patient presents with fever, antibiotic treatment should not be initiated immediately except in cases of acute prostatitis or acute episodes in a patient with chronic bacterial prostatitis. The work-up, with the appropriate investigations should be done first, within a reasonable time period which, preferably, should not be longer than 1 week. During this period, nonspecific treatment, such as appropriate analgesia to relieve symptoms, should be given. The minimum duration of antibiotic treatment should be 2-4 weeks. If there is no improvement in symptoms, treatment should be stopped and reconsidered. However, if there is improvement, it should be continued for at least a further 2-4 weeks to achieve clinical cure and, hopefully, eradication of the causative pathogen. Antibiotic treatment should not be given for 6-8 weeks without an appraisal of its effectiveness. Currently used antibiotics are reviewed. Of these, the fluoroquinolones ofloxacin and ciprofloxacin are recommended because of their favourable antibacterial spectrum and pharmacokinetic profile. A number of clinical trials are recommended and a standard study design is proposed to help resolve some outstanding issues

Affirmatively Disclosing Agency Legal Materials

Administrative agencies’ law-generating powers have long been recognized, as has the importance of making agency-generated law available to the public. In 1971, the Administrative Conference of the United States (ACUS) recommended that “agency policies which affect the public should be articulated and made known to the public to the greatest extent feasible.” Over the years, ACUS has adopted numerous recommendations to that end

Disclosure of Agency Legal Materials

This proposed recommendation identifies statutory reforms that, if enacted by Congress, would provide clear standards as to what legal materials agencies must publish and where they must publish them (whether in the Federal Register, on their websites, or elsewhere). The amendments would also account for technological developments and correct certain statutory ambiguities and drafting errors. The objective of these amendments would be to ensure that agencies provide ready public access to important legal materials in the most efficient way possible. Professor Bernard W. Bell (Rutgers Law School), Professor Cary Coglianese (University of Pennsylvania Law School), Professor Michael Eric Herz (Benjamin N. Cardozo School of Law), Professor Margaret Kwoka (Ohio State University Moritz College of Law), and Professor Orly Lobel (University of San Diego School of Law) are serving as the consultants for this project. Professor Kwoka is serving as the lead consultant. An Ad Hoc Committee, co-chaired by Public Member Aaron Nielson and Government Member Roxanne Rothschild, considered this project in spring 2023