Greener Arbitration: Road towards Environmental Sustainability

Abstract

Recently there has been concern raised on the ways through which the international arbitration community can make an initiative to improve environmental conditions. Since there has been environmental damage there is a necessity to make joint efforts by enhancing sustainable measures. Green protocols have been among those initiatives which have emphasized greener practices in this field. Post covid tenure requires cooperative behavior within the arbitration community to attain sustainable goals. By reducing carbon foot printing climatic issues would be addressed adequately.

This paper will reflect on the sustainable measures which can be taken into consideration for maintaining a healthy environment while performing their responsibilities by the arbitration community. By valuing the “green pledge” and “new normal” approach pollution quality can be lessened. With 2021’s green pledge, the author would demarcate the various ways through which there can be a reduction in carbon emissions. Although such practice requires governmental support in order to safeguard the arbitral process. These greener practices will be beneficial for attaining a sustainable future and reduction in ESG issues. With 2022’s Future of International Energy Arbitration report, focus will be made on understanding the necessity to maintain greener activities which would motivate everyone in this community to have a safer environment and healthy climate.  It is estimated that there would be a surge in ESG issues there is a need to motivate the nations globally to follow the greener guidelines to achieve sustainability in the near future. With green infrastructure, waste management, and energy consumption the renovation projects would be successful in their goals. Low carbon and solar activity participation would result in a better future. By investing in sustainable products, online services, better wastewater treatment systems, and recycling practices there will be a healthy impact on the environment worldwide.