The project aims to point out a practicable solution for the challenge of regulating transnational corporations (TNCs) in the context of climate change. Whereas 100 of the biggest corporations cause approximately 70 percent of the worldwide greenhouse gas emissions, they still continue with their business as usual quite unchallenged. Thus in order to prevent and mitigate climate change it is inevitable to regulate these private actors effectively. In light of a continuing globalization it must be questioned, whether a climate law regime which leaves the burden of reducing emissions solely to national states can ever lead to success.
The research project therefore assesses if and how transnational corporations can be directly obliged under public international law, e.g. to reduce emissions. The project also aims to determine, what challenges and chances this approach of corporate obligations implies from a political and socio-economic perspective. This will be surveyed in a practical research-project in India.