Arbitration and Productive Development: The Role of Ethics in Sustainability

Productive development in Latin America grapples with sustainability and equity, key topics in the IBA Conference’s "The technology and innovation boom" session. My work at UNIDO, leading the GQSP Peru project, enhanced coffee and cocoa quality, benefiting over 500 producers and boosting sustainable competitiveness. This prepares me to arbitrate disputes in productive sectors with an ethical focus on sustainability.

In a hypothetical case, an agricultural cooperative disputes a regional government’s subsidy cut. I would leverage my UNIDO experience to assess economic viability and consultancy background to analyze social impacts, prioritizing sustainability over short-term economic gains for long-term community and business benefits.

Considering other examples like a textile firm and municipality clash over environmental restrictions impacting production. I would use my INDECOPI expertise to review the regulations’ legality and PROINNOVATE knowledge to evaluate project innovation, issuing an award that fosters ethical sustainability.

The UNCTAD Investment Policy Framework (2015) calls for arbitrators who prioritize sustainable development, a standard I meet with my multidisciplinary career.

References:

• UNCTAD. (2015). Investment Policy Framework for Sustainable Development.

• Sachs, J. D. (2015). The Age of Sustainable Development. Columbia University Press.