Fall 2026
Investment Law, Climate Change Solutions, and Sustainable Development
Dates: August 28, 2026 – December 18, 2026Day/Time: Friday 5:35 AM - 8:15 AM EDT
Level: 200-Level
Certificate: Global Studies, Sustainability and Climate Solutions
Global Studies certificate requirement: Elective.
Sustainability and Climate Solutions certificate requirement: Elective.
Instructor: Begaiym Esenkulova, American University of Central Asia
This course is focused on the legal aspects of foreign direct investment (FDI), climate change solutions, and sustainable development. As the world is moving towards the new generation of investment promotion and regulation in the age of climate change, the comprehension of this field of law has become essential. International investment law can help in addressing the problem of climate change and the advancement of green energy transition. Yet, it can also hinder climate action if it is not properly aligned with climate goals. Therefore, investment treaties, legislation, and contracts must be subject to climate-oriented reform. Similarly, while FDI can promote states’ economic development, it can also cause serious environmental and social problems. Considering that FDI may have a double-edged impact, it is important to balance investment protection and the advancement of host states’ sustainable development via a proper legal framework. Classes are aimed at providing students with the knowledge and critical understanding of the current investment law regime and how it may be leveraged for sustainable development and effective climate action. Special attention is paid to the study of the national legislation of various states, key multilateral and bilateral investment agreements, investment contracts, and major arbitration cases.
Credits: 3 US / 6 ECTS