• Title/Summary/Keyword: 투자환경

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Standards of Protection in Investment Arbitration for Upcoming Climate Change Cases (기후변화 관련 사건에 적용되는 국제투자중재의 투자자 보호 기준)

  • Kim, Dae-Jung
    • Journal of Arbitration Studies
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    • v.24 no.2
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    • pp.33-52
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    • 2014
  • Although climate change is a global scale question, some concerns have been raised that principles of investment arbitration may not adequately address the domestic implementation of climate change measures. A recent ICSID investment arbitration of Vattenfall v. Germany with regard to the investor's alleged damages from the phase-out of nuclear plants is a salient climate change case. The 2005 Kyoto Protocol was made to reduce greenhouse gas emissions and it provides a number of flexible mechanisms such as Joint Implementation (JI) and Clean Development Mechanism (CDM). Implementation of the Kyoto Protocol allows dispute settlement through investor-state arbitration. Any initiation of stricter emission standards can violate the prohibition on expropriations in investment agreements, regardless of the measures created to reduce greenhouse gas emissions. The effect-based expropriation doctrine can charge changes to existing emission standards as interference with the use of property that goes against the legitimate expectation of a foreign investor. In regulatory chill, threat of investor claims against the host state may preclude the strengthening of climate change measures. Stabilization clauses also have a freezing effect on the hosting state's regulation and a new law applicable to the investment. In the fair and equitable standard, basic expectations of investors when entering into earlier carbon-intensive operations can be affected by a regulation seeking to change into a low-carbon approach. As seen in the Methanex tribunal, a non-discriminatory and public purpose of environmental protection measures should be considered as non-expropriation in the arbitral tribunal unless its decision would intentionally impede a foreign investor's investment.

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Oriental Environmental Values to Build a Sustainable Civil Society (지속가능한 시민복지사회를 만들기 위한 철학과 전략)

  • Lim, Gill-Chin
    • Journal of Environmental Impact Assessment
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    • v.10 no.4
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    • pp.261-277
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    • 2001
  • 이 글을 다음과 같이 요약한다. 첫째, 경제발전은 인간의 욕구를 충족시키기 위한 수단이다. 둘째, 경제발전에 관한 여러 이론들이 있다. 어떤 한 이론도 경제 발전을 충분히 설명하지 못한다. 여러 가지 복합적 요인을 고려하는 것이 타당하다. 셋째, 경제발전의 영향은 환경을 파괴한다는 증거가 있다. 넷째, 지속가능한 시민복지사회를 만들려면 동양적 환경가치관의 재발견과 적용이 필요하다. 다섯째, 1972년 스톡홀름 회의이후 환경보존과 관련하여 여러 가지 제도적 발전이 있었다. 그중 Agenda 21의 실천은 정부와 시민에게 중요한 움직임이다. 여섯째, 더 넓은 지속가능성 즉 5 가지 지속가능성의 적용을 권장한다. 특히 문화적 지속가능성의 실천이 중요하다. 일곱째, 국가투자를 적정화하면 환경투자비율을 높이면서 국민복지를 향상시키고, 경제성장을 지속하는 것이 가능하다. 여덟째, 지속가능한 시민복지사회를 만들려면 개인과 단체가 전략계획의 실천을 일상화해야한다.

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A study on the effects of environmental investment and costs on environmental performance (환경 투자 및 비용이 기업의 환경성과에 미치는 영향)

  • Park, Gwang-Dueg;Park, No-Suk;Kim, Seong-Su;Seo, In-Seok
    • Journal of Korean Society of Water and Wastewater
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    • v.23 no.3
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    • pp.315-320
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    • 2009
  • This study found that introduction of environmental systems and increased environmental investment have a major impact on K company's sustainable development. The analysis indicated that the environmental investment variable has a close relationship with production quantity, sales, and the amount of sludge treatment variables in K company. However, all other variables including the cost of disinfection chemicals, and the expenditure of sludge treatment have no relationship with the environmental investment variable. Additionally, short-term results show that the company's environmental expenditure variable is conversely related with the environmental performance variable.

하수관거정비 개선 BTL방식으로 가속화된다

  • Korea Environmental Preservation Association
    • Bulletin of Korea Environmental Preservation Association
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    • v.28 s.361
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    • pp.6-6
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    • 2006
  • 하수관거는 생활환경의 개선, 공중위생의 향상, 침수의 방지, 공공수역의 수질보전 및 건전한 물순환 등을 유지하기 위하여 반드시 필요한 도시기반시설이다. 우리나라는 도시민의 쾌적하고 안전한 생활을 확보하기 위하여 하수관거를 지속적으로 부설하였지만 '03년말 기준 전국의 보급률이 65.8%에 불과하고, 설치된 관거도 8.6m당 1곳이 불량하고, 하수관 유량의 31%가 침입수여서 하수관거 개선이 시급한 실정이다. 정부에서는 하수관거정비 종합투자계획을 수립ㆍ하수관거 개보수사업을 적극적으로 추진하고 있다. '07년까지 5조 6천억원을 투자하여 하구관거보급률을 75%수준으로 향상시켜 하수처리장 운영효율 제고 및 수계별 목표 수질 달성에 기여 할 것으로 전망하고 있다. 하수관거정비는 시민 및 사회단체의 환경을 향상시키는 반면에 많은 예산과 장기간이 소요되는 사업이다. 그동안 민간자본을 이용하여 하수처리장 건설 등 환경기초시설 설치 등에 활용되어 왔던 BTO 방식에서 탈피하여 BTL(건설-이전-임대)방식을 도입하여 추진하게 된다. 이에 본지에서는 하수관거정비사업의 현황, 향후 추진방향 등에 대하여 자세히 살펴 보고자 한다.

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An Empirical Analysis of the Effect of Energy Saving Investment on the Improvement of Energy Intensity in Korean Manufacturing (한국 제조업에 대한 에너지절약 투자의 에너지 원단위 개선효과 분석)

  • Park, Changsuh;Yoo, Dongheon
    • Environmental and Resource Economics Review
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    • v.16 no.3
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    • pp.485-510
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    • 2007
  • The purpose of this paper is to empirically analyze the economic effect of energy saving investment on the improvement of energy intensity. The data used in this paper are panel data, both time-series and cross-section data. In addition, eight manufacturing sectors has been divided into two groups: massive energy consuming (four industries) and non-massive energy consuming (four industries) ones and the time period of analysis is from 1982 to 2004. According to the empirical results, firstly, energy saving investment has a negative relationship with energy intensity, however, its effect is not high in terms of absolute volume of energy consuming. Secondly, in improving energy intensity of energy saving investment, its elasticity IS higher in non-massive energy consuming sector compared it with massive energy consuming sector. Thirdly, automation investment is also playing an important role in energy conservation. The elasticities of automation investment to energy intensity are larger than those of energy saving investment. In terms of the reduction of greenhouse gas per investment unit cost, however, energy saving investment has larger effect than automation investment.

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The Influence of Actual and Potential Competition on Firms' R&D Investments: The Moderating Effects of Performance Relative to Aspiration Level (실질적 경쟁과 잠재적 경쟁이 기업의 R&D 투자에 미치는 영향: 목표대비 성과 수준의 조절 효과를 중심으로)

  • Koo, Bonjin;Bae, Zong-Tae;Kim, Yongsik
    • Journal of Technology Innovation
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    • v.24 no.2
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    • pp.177-205
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    • 2016
  • Growing competition is forcing firms to unceasingly achieve innovation for survival. In a response to increased competition, firms invest in R&D. In this vein, this study focuses on the relation between competition and R&D investments of firms. To this end, we decompose competition into actual and potential competition first and then empirically examine effects of each competition on firms' R&D investments. Further, this study also focuses on moderating roles of firms' performance relative to their aspiration level on these relations. By using Compustat data, we found that actual competition hinders firms' R&D investments, but potential competition enhances R&D investments. In addition, the effects of actual and potential competition were moderated by firms' performance relative to their aspiration level. Specifically, negative performance strengthens the negative effect of actual competition on R&D investments, but attenuates the positive effect of potential competition. Moreover, positive performance moderates the effects of each competition in the same direction, but its moderating effects are stronger than negative performance. As such, this research seeks to identify the relations between actual and potential competition and R&D investments of firms and the moderating role of performance relative to aspiration level.

통합 영역의 분류에 따른 EAI 구축 방안

  • 이강일
    • Communications of the Korean Institute of Information Scientists and Engineers
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    • v.22 no.7
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    • pp.41-45
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    • 2004
  • 기업의 IT 환경 순환주기를 보면 업태마다 약간의 차이가 있겠으나 평균 2∼3년, 길게는 5년 정도마다 신규 부문에 대한 대단위의 투자가 이루어지고 있으며, 이런 투자 주기는 2000년 밀레니엄 시대를 맞이하여 더욱 활발하게 이루어졌다. 결과적으로 기업의 IT 자산은 그 동안 질적인 부분보다는 양적인 팽창이 기업 경쟁력 강화, 업무 생산성 향상이라는 명분을 충족시키기 위한 수단으로 행해져 왔다.