ISDS Case Map
ECT
Energy Charter Treaty
Even after modernisation, the ECT continues to undermine European and global climate policies.
Azerbaijan filed a Statement of Claim with the Permanent Court of Arbitration against Armenia, as part of the international legal proceedings from February 2023, detailing Yerevan’s violations of Baku’s sovereign rights over its energy resources in the once-occupied territories.
Critics argue that the ECT, designed to protect foreign investments, contains vague provisions that allow multinational corporations to sue governments for lost profits due to policy changes.
The multinational disagrees with the decision that gas production in the Dutch province of Groningen will be shut down early.
Invoking the Australia-Poland bilateral investment treaty, together with the Energy Charter Treaty, Green X has been awarded hundreds of millions of dollars over a thwarted mining project.
The “de-facto expropriation of Wintershall’s interests in Russian gas ventures was formalised in December 2023 when President Putin issued decrees invalidating gas sale contracts and transferring assets to Russian companies.
Investors in Finland's largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority's attempt to curb rising power transmission prices for ordinary consumers.
Having pushed the EU out of the controversial Energy Charter Treaty, pressure groups and MEPs are now aiming for the legacy of over 1,000 bilateral investment agreements signed over decades.
Three energy companies took a step closer to enforcing their respective Energy Charter Treaty-related arbitral awards in a US appellate court, but the saga is far from over.
The European Union will withdraw from the Energy Charter Treaty, an international agreement that protects investments in coal and oil. But Switzerland is sticking to the agreement which scientists considered incompatible with climate goals.
