ISDS Case Map
ECT
Energy Charter Treaty
Vattenfall will get 1.606 billion euros and agreed to end pursuing a separate damages claim in the World Bank’s ICSID arbitration tribunal.
In his opinion on March 3, the Advocate General shed some light on this question by arguing that ISDS in intra-EU disputes is indeed not allowed under EU law.
It is highly questionable whether there will be a new or revised treaty in two years that will protect the climate instead of endangering it.
Joining the Energy Charter Treaty is not in the public interest, according to South Africa’s government. It has also cancelled other agreements that allowed foreign investors to sue their state. This has not stopped investors from coming, says Mustaqeem de Gama.
Sign the petition to pull out of the Energy Charter Treaty and stop its expansion to other countries!
The treaty enables companies to claim billions in compensation from states in front of international arbitration tribunals, if they feel unfairly treated by the states' energy or climate policies.
A petition to ensure the Energy Charter Treaty will no longer be used against EU climate and energy policies is now available for supporters on the European Parliament website.
Some governments have said the bloc should consider quitting the agreement because the treaty could threaten climate goals.
Luxembourg’s energy minister who used to be at the forefront of calls to withdraw from the Energy Charter Treaty, has backtracked on his earlier statements, saying the EU should first aim to redouble efforts to reform.
While withdrawing, EU Member States could attempt to negotiate out of the sunset clause but would be subjected to it unless all other ECT Members agree to relieve them from the application of the clause.
