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

‘Pakistan to renegotiate all bilateral investment treaties’
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.
States must stop prioritizing investment over human rights – UN experts
UN experts today called on States to ensure that international investment agreements do not provide a “safe harbour” for investors to abuse the human rights of individuals and communities.
Investor-state arbitration and the 'next generation' of investment treaties
Investor–state arbitration has grown over the years to become one of the most dynamic and controversial features of international investment law.
One big, expensive, avoidable reason why governments won't take action on climate change
As governments try to phase out coal and leave fossil fuels in the ground, lawsuits from industry investors are starting to pile up around them.
UNCITRAL Working Group III: Moving forward towards consensus or loosing balance?
This policy brief highlights the need to allocate sufficient time to deliberate upon the important issues being raised by developing countries.
South’s concerns over ISDS reform process need to be addressed
The broad mandate given by UNCITRAL focuses on a limited set of procedural issues that fails to address the substantive concerns over the crisis of legitimacy confronting the international investment regime, and ISDS more specifically.
Imran okays new bilateral investment treaty template
Pakistan Prime Minister has approved the new Bilateral Investment Treaty template whereby any dispute will now be remedied through local arbitration.
Conquering EU courts? Big business lobbies in secret for new legal privileges in the EU
Business lobby groups started lobbying the European Commission to create a new parallel justice system, similar to the old intra-EU BITs, but compatible with EU law.
Nigerian govt asked not to ascent to Energy Charter Treaty
Nigerian labour unions and civil society organizations have urged the government not to assent to the ECT, explaining that the Treaty contains provisions for an Investor-State Dispute System (ISDS), which accords investors obscene privileges.
Canada releases updated FIPA model: a step forward for the ISDS system
Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model, sending a message that it intends to continue to provide international dispute resolution protections to foreign investors.