ECT

Energy Charter Treaty

The future of arbitration under the Energy Charter Treaty
This legal briefing explains how the implications of the Komstroy ruling, alongside other recent CJEU decisions, on pending and future intra-EU ISDS claims.
Investment governance in Africa to support climate resilience and decarbonization
African nations should not be expected to take the lead in addressing a climate emergency they did not create. The priority for Africa is to receive support and investment to build resilience and adapt to climate impacts.
US Court of Appeal dismisses ex-Yukos shareholders’ case
Former shareholders tried to collect $50 billion from Russia.
‘Either we kill it, or it will kill us’: The fight to dismantle a shadow court system threatening climate goals
Five fossil fuel companies are already known to be seeking over $18 billion in compensation from governments over energy policy changes and most of these have been brought via the Energy Charter Treaty.
Landmark ruling reveals misuse of Energy Charter Treaty
The Belgian Appeal Court delivered a landmark ruling in what Kazakhstan's legal representatives described as "one of the biggest frauds in the history of international arbitration."
Governments risk 'trillions' in fossil fuel climate litigation
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets.
Another wind farm investor sues Romania for phased off incentives
Kelag, one of the most important energy holding companies in Austria, referred Romania to the World Bank’s ICSID, accusing the country of violating the so-called Energy Charter Treaty.
Campaign win: Australia cuts ties with Energy Charter Treaty (ECT)
In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty.
Russia wins latest round of $50-bln Yukos case
The Dutch supreme court overturned an order for Russia to pay $50 billion to former shareholders in dismantled oil giant Yukos, but shunted the lengthy legal saga back to a lower court for more hearings.
Secretive court system poses threat to Paris climate deal, says whistleblower
Treaty allows energy corporations to sue governments for billions over policies that could hurt their profits.