Briefing Note: Investment Promotion and Facilitation for Sustainable Development

Abstract

Investment is a critical component of sustainable development. In particular, under the right conditions, foreign direct investment (FDI) can improve economic growth and living standards, create jobs, transfer technology and know-how and result in supply chain upgrading. However, its benefits are not automatic, and, if not carefully governed, investment can result in harm to the environment, labour standards and lead to tax evasion or other undesirable outcomes. Investment promotion and investment facilitation, in turn, can help states attract, expand and retain FDI. CCSI works on analyzing how investment promotion and facilitation measures can advance sustainable development objectives and created this briefing note on investment promotion and facilitation for sustainable development in July 2020.