As investor-state arbitration continues its growth as one of the most dynamic and controversial features of international investment law, developing countries must learn lessons from the decisions of arbitral tribunals on old-generation treaties.
Un estudio advierte de que “La acción mundial contra el cambio climático podría generar más de 340.000 millones de dólares en reclamaciones legales de los inversores en petróleo y gas“.
We estimate that countries would face up to $340 billion in legal and financial risks for canceling fossil fuel projects that are subject to treaties with ISDS clauses.
In the context of investment treaties and arbitration, states should not put private arbitrators in the driver’s seat on issues of valuation of fossil fuel assets and compensation.
Mexico and many other countries are facing anti-democratic corporate lawsuits like the case that pushed Khan to withdraw from international investment agreements.
Más de 60 organizaciones del Estado español han firmado y enviado una carta a todas las diputadas y diputados pidiendo el voto contrario a este Acuerdo.
The question is whether states wish to cede a significant portion of their sovereignty to ISDS tribunals, giving them the authority to decide which state measures taken in the public interest are legitimate.