The design and development of a global legal and economic framework that is predisposed to net zero environmental degradation requires an integrated approach to legal and economic reform. This inevitably means adaptation of the way that established but dated frameworks relating to business and trade operate on a daily basis. This means addressing corporate law, trade law, investment law, insurance law as well as their associated legal and economic frameworks at national and international levels.
As a result a key component of research and development in this field requires the active engagement of relevant stakeholders. These include international organisations, governments, business and industry, as well as civil society and academia.
The design and development of such a global legal and economic framework is such that it necessarily has implications for the furtherance of the development of the human rights responsibilities of business and industry. Similarly, it necessarily would play a major part in the realisation of the right to a safe, clean, healthy and sustainable environment.