Common use of Multilateral Environmental Governance and Agreements Clause in Contracts

Multilateral Environmental Governance and Agreements. 1. The Parties recognise the importance of the United Nations Environment Assembly (hereinafter referred to as "UNEA") of the United Nations Environment Programme (hereinafter referred to as "UNEP") and multilateral environmental governance and agreements as a response of the international community to global or regional environmental challenges and stress the need to enhance the mutual supportiveness between investment and environment policies. 2. Each Party shall effectively implement the multilateral environmental agreements, protocols and amendments that it has ratified (hereinafter referred to as "MEAs"). The Parties affirm their commitment to promote the development of investment in a way that is conducive to a high level of environmental protection. 3. The Parties shall work together to strengthen their cooperation on investment-related aspects of environmental policies and measures, bilaterally, regionally and in international fora, as appropriate, including in the United Nations High-level Political Forum for Sustainable Development, UNEP, UNEA, MEAs, or the World Trade Organisation (hereinafter referred to as "WTO").

Multilateral Environmental Governance and Agreements. 1. The Parties recognise the importance of the United Nations Environment Assembly assembly (hereinafter referred to as "UNEAUNEa") of the United Nations Environment Programme (hereinafter referred to as "UNEP") and multilateral environmental governance and agreements as a response of the international community to global or regional environmental challenges and stress the need to enhance the mutual supportiveness between investment and environment policies. 2. Each Party shall effectively implement the multilateral environmental agreements, protocols and amendments that it has ratified (hereinafter referred to as "MEAsMEas"). The Parties affirm their commitment to promote the development of investment in a way that is conducive to a high level of environmental protection. 3. The Parties shall work together to strengthen their cooperation on investment-related aspects of environmental policies and measures, bilaterally, regionally and in international fora, as appropriate, including in the United Nations High-level Political Forum for Sustainable Development, UNEP, UNEA, MEAs, or the World Trade Organisation (hereinafter referred to as "WTO").. development, UNEP, UNEa, MEas, or the World Trade Organisation