A new example of how this secretive corporate court system is undermining climate and environmental policies of EU member states has been brought to light.
El arbitraje de inversiones entre Coöperatieve Rabobank UA y México ha sido suspendido en el Centro Internacional de Arreglo de Diferencias relativas a Inversiones.
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.
Two separate arbitrations were also initiated under the bilateral investment treaty BIT by Mauritius investors in Devas Multimedia under the India-Mauritius BIT and by Deutsche Telekom under the India Germany BIT.
Last year Ascent Resources initiated arbitration proceedings against the Slovenian state under the UK-Slovenia Bilateral Investment Treaty and the Energy Charter Treaty.