ISDS Case Map
climate
A new report uncovers the climate-wrecking economic shock plans by Argentina’s far-right President Javier Milei, and how the EU-Mercosur trade deal risks fueling Argentina’s social-ecological crisis and climate-breakdown.
The urgent need to address climate change is hindered by legal barriers within international investment law, particularly through Investor-State Dispute Settlement (ISDS) mechanisms.
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
The next round of talks between the two sides is scheduled for September 23-27. This will be the ninth round since talks were relaunched in 2022.
Fossil fuel companies have claimed billions of dollars from countries through an arcane legal provision that could deter governments from imposing more stringent climate laws.
India has convinced the European Union to include the bloc’s proposed carbon tax in talks on a free trade agreement, said two officials in the know, ahead of a similar move with the UK.
Globally, 2 gigatonnes (Gt) of carbon dioxide equivalent (CO2e) of potential annual greenhouse gas emissions is protected via investment treaties.
The welcome decision shines a light on Canada’s flawed defence in similar investor-state case against Canada.
The European Union will withdraw from the Energy Charter Treaty, an international agreement that protects investments in coal and oil. But Switzerland is sticking to the agreement which scientists considered incompatible with climate goals.
The World Bank has dismissed Canadian oil company TC Energy's $15 billion ISDS case against the US sought due to lack of jurisdiction.
