ISDS Case Map
environment
International trade agreement provisions once meant to protect investors today can challenge a nation’s sovereignty and invalidate environmental laws.
In June, the European Commission broke its promise that it will not trade away the ’precautionary principle’ to strike a trade deal with the United States, BEUC reports.
Peter Allard, a Canadian investor who owns a nature sanctuary in Barbados, has brought an ISDS claim against Barbados. He grounds his claim on the failure of the government to enforce its own environmental law.
“We hope that after the decision, the State will concentrated its efforts to provide a sustainable solution to the environmental pollution in the city La Oroya.”
Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.
A World Bank panel rejected a lawsuit filed against Peru by New York-based Renco Group Inc on technical grounds.
The alternative model proposed here addresses the shortcomings of the EU Proposal and proposes a sustainable development chapter.
Chevron shareholders remain wary of the risks from an $11 billion judgment against the company in Ecuador. They also continue to be critical of Chevron management’s mishandling of the case.
Brooke Guven (Colombia Center on Sustainable Investment) talks about investor-state dispute settlement (ISDS) at AFL-CIO conference on trade.
The environmental lobby is going to bat for the federal and provincial governments against international big business in a $101-million argument.
