TITLE:
Environmental and Social Compliance through the Financial Market: ESG Investments as a Condition for Public-Private Partnerships
AUTHORS:
Daniel Dela Coleta Eisaqui
KEYWORDS:
Public-Private Partnerships, Compliance, Sustainable Development, ESG Investments, Fundamental Rights
JOURNAL NAME:
Beijing Law Review,
Vol.14 No.3,
September
22,
2023
ABSTRACT: This article discusses the possibility of public administration requiring environmental and social compliance from private legal persons who compete in the bid to establish public-private partnerships (PPPs) by stipulating environmental and social concerns as requirements for the establishment of PPPs through investments in the maintenance, restoration, and upgrade of the natural heritage (ESG investments). The focus is dogmatic, the method of approach is deductive, and the research method is bibliographic. In conclusion, this article argues that PPPs are not simply justified in accordance with financial motives but are also paths towards sustainable development. Hence, they are made into legislative proposals.