ECT

Energy Charter Treaty

How treaties protecting fossil fuel investors could jeopardize global efforts to save the climate – and cost countries billions
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.
Serving of notice of dispute
Amendments to the mining law in Slovenia which prohibit the use of any hydraulic stimulation in mining exploitation constitute further breaches of the protections established by the BIT and the ECT.
Energy Charter Treaty fundamentally incompatible with EU law, study finds
Withdrawal from the Energy Charter Treaty (ECT) is the only realistic way for the European Union to fix the outdated treaty’s incompatibility with the EU’s own laws, a new in-depth legal study has found.
Slovenia imposes blanket ban on fracking
The Slovenian parliament has imposed a blanket ban on hydraulic fracturing to produce natural gas, amid arbitration proceedings initiated against Slovenia by Ascent Resources.
Climate change expert report warns that ISDS can block climate action
For the first time, the Intergovernmental Panel on Climate Change (IPCC) has warned that climate action is being jeopardised by trade agreements which give global corporations the right to sue governments.
‘Renewable’ energy in Tunisia: an unjust transition
Following the principles set out in the ECT, the EU is seeking to deepen liberalization in order to standardize the Tunisian legislative framework through FTA negotiations.
Another round of ECT negotiations
From March 1 to 4, 2022, ECT parties met for their 11th round of negotiations for a possible reform of the treaty but the meeting was overshadowed by rising energy prices and the Russian invasion of Ukraine.
Calls to ditch 'ecocide treaty' after failed reform efforts
Environmentalists and energy experts have been warning for years over an obscure trade deal that could lock Europe into decades of fossil fuel use.
Climate action needs investment governance, not investment protection and arbitration
Existing investment treaties do not and cannot advance climate goals.
Ascent Resources slams Slovenian fracturing restrictions
It now says legislators are amending Slovenia's mining law to further restrict "all forms of hydraulic stimulation", and this could increase damages it is due under its arbitration claim.