Foundations -- Globalization: Investment, Trade and the Environment in an Integrating World Economy -- The Current Multilateral Trade and Investment Regimes -- Investment -- Pollution Havens: Do Developing Countries Set Inefficient Environmental Standards to Attract Foreign Investment? -- Regulatory Chill: Do Developed Countries Fail to Raise Environmental Standards Because of Feared Capital Flight? -- Roll-back: Do Foreign Investors Use Investor-to-State Dispute Settlement to Knock Down Environmental Regulations? -- A Case Study: The Failed Attempt to Conclude a Multilateral Agreement on Investment -- Trade -- Trade Liberalization and the Environment -- GATT/WTO Dispute Settlement and the Environment -- WTO Rules and Multilateral Environmental Agreements -- Conclusion and Summary of Policy Recommendations -- Environmental Provisions in Regional and Bilateral Trade and Investment Agreements.