...including in decision-making on investment in infrastructure and business development; (b) Continue to promote the internalization of environmental costs...approach that the polluter should, in principle, bear the costs of pollution, with due regard to the public interest and without distorting international trade...

...including in decision-making on investment in infrastructure and business development; (b) Continue to promote the internalization of environmental costs...approach that the polluter should, in principle, bear the costs of pollution, with due regard to the public interest and without distorting international trade...

...Nr. 12. 120 Principle 16 reads: "National authorities should endeavour to promote the internalisation of environmental costs and the use of economic instruments,...approach that the polluter should, in principle, bear the costs of pollution, with due regard to the public interests and without distorting international trade...

...to promote the internalisation of enuironmental costs and the use of economic instruments, tafeing into account the approach that the polluter should, in principle, bear the costs o/pollution, with due regard to the public interest and without distorting international trade...

...a reason for postponing cost-effective measures to prevent environmental degradation. Principle 16. National authorities should endeavour to promote the...should, in principle, bear the cost of pollution, with 50 Principle 1 7. Environmental impact assessment, as a national instrument, shall be undertaken for...

...any harm that they cause. The Rio Declaration, for example, states that governments "should endeavor to promote the internalization of environmental costs...the polluter should, in principle, bear the cost of pollution."67 The amendment specifically provides that anyone who causes water pollution in the area...

...environmental degradation' (Principle 15). Finally, the polluter pays principle envisages the 'internalisation of environmental costs and the use of economic instruments,...should, in principle, bear the cost of pollution' (Principle 16). All of these principles are relevant to the development of a sustainable energy law...

...precautionary approach. For example, Annexes 1 and 2 reflect this precautionary approach. Article 3.2: Taking into account the approach that the polluter should, in principle, bear the cost of pollution, each Contracting Party shall endeavour to promote practices whereby those it has authorized to engage...

...internalisation. As with the precautionary principle, the Rio Declaration provides a commonly cited approach: 'National authorities should endeavour to promote...interest and without distorting international trade and investment.'40 The polluter pays principle should discipline governmental decision making in such a...

...Environment and Development adopts the PPP explicitly in Principle 16: National authorities should endeavor to promote the internalization of environmental costs...interest and without distorting international trade and investment.155 Moreover, Principle 13 indicates that states should develop "national law regarding...