investor-state disputes | ISDS

Investor-state dispute settlement (ISDS) refers to a way of handling conflicts under international investment agreements whereby companies from one party are allowed to sue the government of another party. This means they can file a complaint and seek compensation for damages. Many BITs and investment chapters of FTAs allow for this if the investor’s expectation of a profit has been negatively affected by some action that the host government took, such as changing a policy. The dispute is normally handled not in a public court but through a private abritration panel. The usual venues where these proceedings take place are the International Centre for Settlement of Investment Disputes (World Bank), the International Chamber of Commerce, the United Nations Commission on International Trade Law or the International Court of Justice.

ISDS is a hot topic right now because it is being challenged very strongly by concerned citizens in the context of the EU-US TTIP negotiations, the TransPacific Partnership talks and the CETA deal between Canada and the EU.

Inside Climate News | 12-Jun-2024
Investor-state dispute settlement allows foreign investors to sue governments for billions. A new report highlights this international legal system harms Indigenous Latin Americans.
Almaden Minerals Ltd. | 12-Jun-2024
Almaden Minerals Ltd. has taken the decision to submit its claims to arbitration against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
RFI | 11-Jun-2024
Près de 114 milliards de dollars, c’est la somme totale que des tribunaux d’arbitrage ont fait payer par des États à des entreprises privées à ce jour.
Public Citizen | 11-Jun-2024
How Investor-State Dispute Settlement (ISDS) harms indigenous communities.
Counter Punch | 11-Jun-2024
There is an obscure mechanism by which fossil fuel companies maintain their global domination even as their products are destroying our futures.
Common Dreams | 11-Jun-2024
"ISDS is the secret weapon for fossil fuel companies against climate laws," said one advocate.
Redimin | 10-Jun-2024
El Tribunal del Banco Mundial falla en contra de la minera canadiense en disputa legal con Colombia. La solicitud de arbitraje fue presentada ante el CIADI en marzo de 2018 y exigía una compensación de aproximadamente $177 millones.
Proceso Digital | 10-Jun-2024
Panamá ganó una demanda de arbitraje presentada ante el Centro Internacional de Arreglo de Diferencias Relativas a Inversiones (CIADI) por un inversionista holandés, que exigía una indemnización de al menos 60 millones de dólares, por la intervención y liquidación de una casa de valores, informó este miércoles el Gobierno panameño. | 10-Jun-2024
The World Bank’s ICSID ruled in favour of Colombia in a feud with Canada’s Montauk Metals after finding that the mining ban imposed by the Gustavo Petro administration on the Santurbán moor does not violate the Canada-Colombia Free Trade Agreement signed in 2008.
Radio-Canada | 10-Jun-2024
La Colombie a remporté un procès contre la société minière canadienne Montauk Metals, qui réclamait 240 millions de dollars canadiens pour l’avoir expropriée d’une zone d’extraction d’or dans un écosystème fragile du nord-est du pays.