International Law and Mega Energy Projects - Essay Example

Developed countries invest in developing countries for their own interest while this results beneficial for the host country too.1 During this entire process of launching a new energy project across borders, the number of problems and issues are countless. Sometimes this mega energy project faces challenges and creates issues on a global level.2 These may include environmental, human, social, political issues, etc. To overcome and to respond to these issues as they may threaten themselves and the world is very important.

In this regard, international laws are designed so as to maintain and ensure that proper scheme and strategy is being followed and that there are no threats and the project will not in any way harm the environment or humans or any other factor of that country or the world. 

3 Before launching or planning any energy-mega development project on cross borders, the owners, the engineers, and the project managers have to go through all these policies and laws so as to ensure that their project is in accordance with all the legal laws and regulations and will in no way harm or destroy the environment or human challenges. This will also decrease the chances of failure of the project.4 Mega Energy Projects and International Laws Mega energy projects are one of the most influential entities in the domain of economic growth for any country in the modern world.

The utilization of energy in the age of industrialization has immensely increased and it has become a need to develop any country in the economic system of the world.5 The need for energy in order to maintain the development is fulfilled by several energy projects. These energy projects include dams, hydropower plants, gas pipelines, and several more to its list.6 globalization has congealed each aspect of this world in which all the states are interlinked with each other with the relationship of dependency.

Due to globalization, cross-border energy projects were firstly introduced which are considered as popular diplomatic agreements among states. The cross-border energy megaprojects are considered to be the significant force of diplomatic alliances and economic growth for all of the agreed states involved in any certain energy megaproject.7 These energy megaprojects are not independent of laws on the basis of which economic growth is inevitable. International laws are those laws that involve the common consent of numerous states and nations upon it.