Environmental Violations Caused by MNEs and Regulations to Complete Remedy
DOI:
https://doi.org/10.54691/bcpbm.v20i.1063Keywords:
Multinational Enterprise; environmental violation; regulation.Abstract
This paper focuses on the environmental infringement problems caused by multinational enterprises in the context of economic globalization. Due to the profit-seeking nature of multinational enterprises and the economic and technological investments that they bring to developing countries, coupled with the lack of relevant legislation, environmental violations caused by multinational enterprises in developing countries are particularly serious. Victims often have difficulties in obtaining adequate remedies. The problem of such violations is actually a violation of human rights, so it is necessary to regulate this problem. By analyzing the biggest characteristic of MNEs which is profit-seeking, this paper proposed several possible ways to regulate them, both in terms of legislation and enforcement considering the current situation. The feasible ways include extending the subject of liability for environmental torts, setting fund to guarantee relief.
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