This session will define the scope of new industrial policies and explore their implications for international investment. The discussion aims to uncover the underlying reasons for the resurgence of such policies in recent years and how these policies can act as investment incentives or disincentives and contribute – or not – to addressing critical policy objectives such as green and digital transitions. By sharing insights on successes and failures, this session will identify actionable strategies to navigate this new era of industrial policies and continue to advance on sustainable investment and development objectives.

This session will focus on implications of globally emerging industrial policies for cooperation and dialogue on sustainable investment policy globally. As these policies gain traction, it is crucial to understand their potential risk and opportunities to unlock investment opportunities and drive sustainable development in advanced and developing regions. The session will examine whether such strategies can foster productivity growth or, conversely, delay development in emerging regions, aiming to outline balanced approaches that maximise benefits while mitigating risks. A critical objective includes to consider how the international investment policy community can foster international policy coherence and cooperation for sustainable investment globally, especially between advanced and developing economies.

The session features the release of updated OECD investment data tools, including the FDI Qualities Indicators interactive dashboard 2024 and the FDI Regulatory Restrictiveness Index.

Despite the critical importance of adapting to rapidly deteriorating climate conditions, current levels of investment remain insufficient. This session will explore the recently published OECD Climate Adaptation Investment Framework (CAIF) and leverage OECD guidance to boost investment for a climate-resilient future. Inspired by the Policy Framework for Investment and FDI Qualities Policy Toolkit, the CAIF provides a targeted and coherent multi-sector approach to strengthen the enabling environment for adaptation investment. The session will explore how this framework can be applied to different national contexts, enhancing the enabling environment for adaptation investments, and linking them with broader sustainable development policies.

International investment agreements (IIAs) have the potential to play a role in mobilising sustainable investment. In addition to the ongoing debate and action on targeting investment treaty benefits on climate grounds and ensuring policy space for government climate action, there are a range of new developments in addressing sustainable development in IIAs. Based on a new OECD report "Strengthening sustainable investment through international investment agreements (IIAs)", this session explores the role of IIAs with new types of sustainable investment provisions in mobilising investments to tackle global sustainability challenges, including through the establishment of international cooperation frameworks and their implementation at the domestic level.

Senior officials from international organisations gather to reflect on the insightful discussions and outcomes of the Roundtable. Together, they will synthesise key takeaways and articulate a collective vision for advancing sustainable investment globally. Building on the identified opportunities and challenges discussed throughout the Roundtable, the session will focus on actionable strategies for international organisation to empower governments and the private sector in boosting sustainable investment. Reflections will particularly focus on the needed actions resulting from the morning sessions on investment policy implications in the era of new industrial policies.