From a climate perspective, the expected reform outcome is a failure. No Contracting Party will end investment protection for fossil fuels in a timeline that is necessary to align with the Paris Agreement.
Le Traité sur la Charte de l’énergie (TCE) pourrait mettre en échec l’adoption de mesures structurelles ambitieuses de protection sociale visant à contrer la hausse de prix de l’énergie et à protéger les ménages.
The Canadian province of Alberta formally initiated a trade challenge to recover its investment in the Keystone XL oil pipeline, which was scrapped in 2021 after the United States cancelled a key permit.
Countries party to the Energy Charter Treaty are under yet more pressure to reform the agreement following the Cop26 climate summit, as they weigh the benefits of climate action against the likelihood of getting sued.