ISDS reform

Tweaked versions of the investor-state dispute settlement (ISDS) mechanism being proposed to avoid the most controversial aspects of regular forms of ISDS

ISDS in Nigeria: Investment regime reforms and the threats of joining the ECT
This report sheds light on Nigeria’s investment protection regime and its consequences for one of Africa’s biggest countries.
Investors v. Climate action
What recent case law and treaty reforms may mean for the future of investment arbitration in the energy sector.
Investment treaty regime needs reforms to support climate action
Reforms are essential to ensure investment treaties and associated investor-state disputes don’t hinder countries’ efforts to tackle climate change.
Reforming international investment law for climate change goals
Existing international investment agreements providing for investor–state dispute settlement fail to advance climate goals and can effectively hinder states’ climate action.
New model bit for African states facilitates counterclaims against foreign investors
In recent years, in certain investment arbitration proceedings, States have brought counterclaims alleging that foreign investors had failed to comply with corporate social responsibility principles. In all but two cases, these counterclaims have been unsuccessful.
A new model bilateral investment treaty for African states
The model BIT aims to balance two objectives: the attraction of foreign direct investment to African states and the promotion of sustainable development.
Is investor-state dispute settlement an appropriate forum for the resolution of investment disputes arising from armed conflicts? Part 2: the quest to find a just and equitable remedy
ISDS is an unsuitable forum for the just resolution of investment disputes founded on the consequences of armed conflict.
Is investor-state dispute settlement an appropriate forum for the resolution of investment disputes arising from armed conflicts? Part 1: normative conflicts and consequences
Unsatisfyingly, ISDS permits international investment law to exist in a vacuum that enables those tasked with adjudicating disputes to turn a blind eye to international humanitarian law norms.
Investor-state arbitration and the ‘next generation’ of investment treaties
As investor-state arbitration continues its growth as one of the most dynamic and controversial features of international investment law, developing countries must learn lessons from the decisions of arbitral tribunals on old-generation treaties.
A peek under the hood: Unwrapping the 2019 Moroccan model BIT
The 2019 Moroccan Model BIT is a good example of the growing body of ‘new generation’ Model BITs fuelling the ISDS reform conversation.