ISDS Case Map
ECT
Energy Charter Treaty
German energy company RWE has announced its intention to withdraw its international arbitration proceedings against the Dutch state at the International Centre for Settlement of Investment Disputes.
The Russian state will go on trial for failing to pay $60bn (£49bn) to former shareholders of defunct oil behemoth Yukos, after a British judge blocked the country’s bid for immunity.
An obscure but far-reaching system allowing corporations to sue governments is being “weaponized” by the fossil fuel and mining industries, according to a new UN report, jeopardizing progress in developing nations.
There is a coordinated move for EU members to withdraw from the dangerous Energy Charter Treaty but Ireland is refusing to act.
A UN expert calls for ending confidential arbitration agreements in development and trade treaties, which are forcing nations to roll back climate, enviro, human rights protections while owing fossil fuel companies billions in damages.
Investment protection is necessary to encourage energy transition investment.
Eleven countries have already pledged to exit the disastrous international charter treaty. We must join them.
The Energy Charter Treaty, which Spain is trying to leave, protects investments in fossil fuels and in renewables.
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Energy companies cannot force European governments into arbitration over compensation demands for investments hit by changing state climate goals, Germany's highest civil court ruled.
