Peculiarities of regulation of investment activity in the Arctic
DOI:
https://doi.org/10.21638/spbu14.2025.105Abstract
The author notes that there is currently an insufficient level of international legal regulation of sustainable investment, and different states' legislation on relevant issues adheres to different approaches. In this regard, the author concludes that at present, the norms of the so-called "soft law" play the most important role in regulating investment activities. The paper classifies soft law norms depending on the source of origin and provides an overview of some of the most significant sources of soft law. The author uses specific examples to demonstrate how investors and enterprises implementing an investment project use soft law in their activities.
Keywords:
Arctic, Investment, soft law, sustainable development, ESG-investment, positive law, investment project
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Published
2025-04-22
How to Cite
Churilov, A. Y. (2025). Peculiarities of regulation of investment activity in the Arctic. Vestnik of Saint Petersburg University. Law, 16(1), 63–76. https://doi.org/10.21638/spbu14.2025.105
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Section
Public and Private Law: Applied Research
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Articles of "Vestnik of Saint Petersburg University. Law" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.
