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Sustainable development clauses in international contracts through the lens of the Unidroit principles

Type de ressource
Auteur/contributeur
Titre
Sustainable development clauses in international contracts through the lens of the Unidroit principles
Résumé
Most transactions that leave an imprint on the environment and communities are organized by commercial contracts. However, little is known about the way in which parties reflect sustainable development in contractual clauses. How can parties to international contracts commit to respect sustainable development goals? What are the possible degrees of commitment? Which contractual mechanisms can apply to the monitoring of compliance? How does one establish a link between the failure to meet sustainable development goals and the contractual liability or termination of contract? This article identifies contractual clauses relating to sustainable development and analyses these clauses through the lens of the 2016 International Institute for the Unification of Private Law (Unidroit) Principles of International Commercial Contracts (PICC). Drawing inspiration from open access contracts, the analysis will demonstrate that Article 1.8 of the PICC, precluding inconsistent behaviour, and Articles 5.1.4 and 5.1.5, on the duty of best efforts and the obligation to achieve a specific result, as well as the provisions on liability, can assist contract drafters, judges, and arbitrators in drafting and interpreting such clauses.
Publication
Uniform Law Review
Volume
29
Numéro
2
Pages
352-361
Date
2024-06-01
Abrév. de revue
Uniform Law Review
Langue
EN
ISSN
2050-9065
Référence
Pannebakker, E. (2024). Sustainable development clauses in international contracts through the lens of the Unidroit principles. Uniform Law Review, 29(2), 352–361. https://doi.org/https://doi.org/10.1093/ulr/unae031