The Impact of Foreign Direct Investment on Sustainable Development.

The last two decades have been influenced by the growing concern regarding climate change and the ways that it will determine economic activities and human development. Many countries already took actions through international treaties to solve different problems like carbon emission reduction through certificate trade or low emission investments. The cost of the transition to a low carbon emission economy is too big for countries to support, so here, the private sector needs to help through a sustainable way of doing business. From this point of view, developed countries have a more sophisticated financing system than that of developing countries but, usually, developing countries have better competitive advantages that attract FDI. The main aim of the paper is to see how sustainable development is related to the flow and stock of FDI in the EU. [ABSTRACT FROM AUTHOR]