The new "agreement in principle" for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say.
In a award, made in Green Power Partners K/S and SCE Solar Don Benito APS v Spain, a tribunal unanimously denied its jurisdiction over an intra-EU investment dispute arising under the Energy Charter Treaty.
Czechia has lost an international arbitration under a investment protection treaty over alleged misconduct by the Ministry of Health in a 30-year-old tender for the procurement of blood plasma processors.
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.
New Peru President promised to transform the mining sector by granting the State more control and ensuring that local communities in mining regions would benefit from the distribution of profits from the copper-mining industry.
Canada's Gabriel Resources, which holds a licence for the Rosia Montana gold and silver mine, said that it aims to raise $5.6 million from investors, which it will use mainly to finance the costs of an arbitration claim against Romania.
Ras Al-Khaimah Investment Authority's claim that non-supply of bauxite from Visakhapatnam was in breach of the Bilateral Investment Treaty between India and the UAE was dismissed by the International Dispute Resolution Centre.
Mining companies are continuing to face political and community headwinds in Guatemala, as authorities push on with consultations needed to lift suspensions that have crippled the industry in recent years.
One of the biggest barriers will be the legal infrastructure that oil and gas companies and some coal companies have constructed to defend their investments, through treaties like the energy charter treaty.