The interplay of foreign multinational corporations and the state in environmental governance

16 Nov 2011

This paper explores the mechanisms through which multinational corporations the environmental regulatory policies of states.

Many countries in the majority world, because of international pressure or for domestic reasons, are in the process of establishing and strengthening their environmental regulatory framework. At the same time, foreign capital continues to be invested exponentially in these same countries mostly through the operations of multinational corporations (MNCs) seeking to secure access to raw material, penetrate new markets, or relocate their productive assets. These large economic entities, mostly domiciled in the global North, are political actors in environmental governance. They influence policies at the global level but also at the national level within each of the countries where they operate. This paper is concerned by the latter and explores the mechanisms through which this phenomenon takes place.

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