Environmental Investment and the Sustainable Development in the Light of Intergenerational Justice

Sustainable development is a universal demand for fundamental and positive change in human life, and on the other hand, the principle of freedom in the exploitation and permanent sovereignty of governments over their natural resources is respected as a legally binding principle; but the desire to exploit these resources and accelerate development has created a deep gap between the interests of the present generation and the next generation, which has raised the issue of justice beyond the present generation.

This research is theoretical in sort of type and the method is descriptive-analytical. The method of data collection is library and has been done by referring to documents, books and articles. Ethical Considerations: In this research, Principles related to research ethics and especially fidelity has observed in citing the sources and references of the article.

Research findings show that intergenerational justice requires that development should not be at the expense of future resources and a balance between intergenerational interests should be considered. In this regard, the model of sustainable development in order to distribute intergenerational resources in the literature of law and politics writers has been proposed as a desirable model.

Trade agreements in general can improve the harmonization of environmental standards and drive policies towards environmental subsidies and environmental trade and financial standards. Although the multilateral trade system encourages the use of international standards and enables higher levels of environmental protection, it should be noted that further liberalization and competition, do not degrade environmental standards.