ISDS Case Map
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This article focuses on the implications of the revised text for dispute resolution under the ECT. We address the environmental focus of the anticipated reforms and conciliation of State-to-State disputes relating to sustainable development and climate change.
In WGIII, states will need to prioritize the reforms that have the most impact in addressing their key concerns with the ISDS system.
A wholly new international investment regime designed with climate and other global goals in mind could be used as a tool to accelerate the investments needed to address the climate crisis.
A company registered in Switzerland, RSE Holding AG, has initiated an international arbitration proceeding against Latvia claiming that changes effected to the regulatory framework applicable to electricity produced in high-efficiency cogeneration are in breach of European rules.
UK-based Rockhopper Exploration has been dealt a blow in its protracted legal battle with Italy with the European nation applying to the ICSID to annul the €190 million payment it was ordered to make.
Why do governments include ISDS in investment treaties despite scant evidence of its economic benefits and clearer info about its costs?
The renegotiated ECT does not rise to the mounting global challenges regarding energy investment, climate action, and sustainable development.
Should the claims be accepted, the amount the South Korean government has to pay to Lone Star would be reduced to a little over 216 million U.S. dollars.
Extending protection under the Energy Charter Treaty to investments in carbon capture, utilization and storage, hydrogen, and ammonia, among other emerging energy technologies and products, could hamper the ability of States to end reliance on fossil fuels.
Former shareholders of defunct oil giant Yukos asked a judge in London to allow the enforcement of a $50 billion arbitration award against Russia.
