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.
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.
Las empresas extractivas no sólo son las que más utilizan el sistema de solución de controversias inversionista-Estado (ISDS por sus siglas en inglés), sino que también reciben las mayores recompensas.
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.