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Regulating Energy and Natural Resources$
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Barry Barton, Alastair Lucas, Lila Barrera-Hernández, and Anita Rønne

Print publication date: 2006

Print ISBN-13: 9780199299874

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780199299874.001.0001

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International Soft Law and Globalization

International Soft Law and Globalization

(p.89) 5 International Soft Law and Globalization
Regulating Energy and Natural Resources

Catherine Redgwell

Oxford University Press

This chapter examines the role played by soft law in meeting the challenge of globalization. A perception is that with increased international economic integration transcending individual national legal orders on the one hand, and deregulated (or under-regulated) global space facilitated by international trade (e.g. WTO), and financial institutions (e.g. World Bank) on the other, the negative effects of economic globalization are insufficiently addressed in international law. This is particularly the case with the regulation of social matters — labour, environment, and human rights. The chapter focuses on environmental examples, and includes recent soft law initiatives such as the United Nations Global Compact established in 2000 and the Type II partnership agreements which have been concluded since the 2002 World Summit on Sustainable Development in Johannesburg.

Keywords:   soft law, globalization, international law, regulation, United Nations Global Compact

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