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.

Euractiv | 26-Oct-2022
Climate, Environment, Sustainable Development, and Green Deal Minister Zakia Khattabi reiterated her support for Belgium’s withdrawal from the Energy Charter Treaty during the EU’s Environmental Council meeting.
Euractiv | 26-Oct-2022
Slovenia will follow the lead of countries such as the Netherlands, Spain and France and very likely withdraw from the Energy Charter Treaty, Infrastructure Minister Bojan Kumer announced.
Climate Change News | 26-Oct-2022
France, Germany and Spain plan to leave the controversial investment pact, putting a whole system of dirty energy protections into play.
swissinfo.ch | 26-Oct-2022
El presidente de Francia, Emmanuel Macron, anunció este viernes que su país ha decidido retirarse del Tratado de la Carta de la Energía (ETC, por sus siglas en inglés), que protege las inversiones en ciertas infraestructuras energéticas.
Balkan Green Energy News | 26-Oct-2022
A tribunal operating under the World Bank has ruled in favor of ten companies that initiated arbitration with the argument that Romania violated the Energy Charter Treaty by lowering incentives for their solar power plants.
Stop CETA Mercosur | 24-Oct-2022
Suite à des années d’alertes, de sensibilisation et de mobilisation de la société civile, auxquelles le collectif national Stop CETA Mercosur ont pris leur part, Emmanuel Macron vient d’annoncer que "la France a décidé de se retirer du Traité sur la charte de l’énergie.
Novethic | 24-Oct-2022
Alors que la pression ne cessait de s’accroître sur la France, Emmanuel Macron a finalement annoncé la sortie du pays du Traité sur la charte de l’énergie. Un texte qui freine la transition énergétique européenne. L’Espagne, les Pays-Bas et la Pologne ont déjà annoncé leur retrait du texte.
The Guardian | 24-Oct-2022
Quitting the ECT, which protects fossil fuel investors from policy changes that might threaten their profits, was ‘coherent’ with Paris climate deal, Macron said.
CIAR Global | 21-Oct-2022
Chile ha enviado una serie de side letters o cartas bilaterales a los diferentes países que conforman el Tratado de Integración económica TPP-11, aprobado por el Senado chileno recientemente.
Extractive360 | 21-Oct-2022
Signing the ECT would give the transnational companies in the energy sector a weapon to re-colonise Nigeria, as it would also be incompatible with Nigeria’s economic diversification aspirations.

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