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.

The Citizen | 7-Dec-2022
Air Tanzania Company Limited plane has been seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania due to revoked land title in the Bagamoyo sugar project.
Inequality.org | 6-Dec-2022
Local resisters are calling for a different economic model — one that prioritizes clean water and soil, healthy communities, peace, dignity, and self-determination.
La Jornada | 5-Dec-2022
Las amenazas del gobierno de Estados Unidos de iniciar una controversia contra México en el T-MEC para asegurar que se siga importando maíz transgénico y usando glifosato son una defensa del derecho de las trasnacionales de agrotóxicos y semillas transgénicas a envenenar a la gente y contaminar semillas nativas, suelo y aguas.
No TCI | 2-Dec-2022
El Parlamento Europeo adoptó una resolución en la que pide a la Unión Europea (UE) y a todos los Estados miembros que inicien la salida en bloque de la UE del Tratado de la Carta de la Energía (TCE).
City AM | 30-Nov-2022
Arctic miner GreenX to pocket £740m in damages from Polish government.
SOMO | 30-Nov-2022
The Dutch government will not have to pay damages to energy giants RWE and Uniper, a Dutch court in The Hague ruled.
The Express Tribune | 28-Nov-2022
The government urged all stakeholders to complete pending actions hampering the conclusion of the $900 million settlement deal in the Reko Diq case to avoid a $5.9 billion penalty.
Energy Charter | 25-Nov-2022
The conference expects to meet ad hoc in April 2023 to finalise the discussion on the adoption of the amendments to the ECT.
Reporterre | 25-Nov-2022
Le Traité sur la charte de l’énergie a du plomb dans l’aile. Le Parlement européen a voté une résolution demandant un retrait coordonné et conjoint de l’Union européenne du traité.
Client Earth | 25-Nov-2022
The European Parliament has adopted a resolution calling on the European Commission to initiate the process toward a coordinated exit of the EU from the Energy Charter Treaty.

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