Climate-related ISDS indicate a real risk that significant resources and energy may be diverted away from climate action, impacting the popularity of pro-climate policymaking among both policymakers and the public.
An international tribunal declared an end to all proceedings in a multi-billion dollar suit the US private equity firm Lone Star filed against South Korea’s government 10 years ago.
The new "agreement in principle" for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say.
In a award, made in Green Power Partners K/S and SCE Solar Don Benito APS v Spain, a tribunal unanimously denied its jurisdiction over an intra-EU investment dispute arising under the Energy Charter Treaty.