A global rise in investor lawsuits against nation-sates is putting climate protection laws under threat, activists warn.
The company building the controversial Nord Stream 2 gas pipeline from Russia to Germany under the Baltic Sea today sued the European Union over new gas rules it says are threatening its investments in the project.
The EU and its member states should collectively withdraw from the Energy Charter Treaty, which protects fossil fuel investments.
The campaign ‘No to trade and investment treaties’ has called on citizens to join the mobilizations planned for next September 27 in the different cities of Spain.
The European Union wants Australia’s Paris climate commitments enshrined in new FTA.
Canada will continue its trade negotiations with Mercosur, the South American trading bloc that includes Brazil, despite demands to call a halt to the talks until more action is taken to protect the Amazon rainforest.
Agriculture Minister Gabriela Matečná said Brazil’s approach to the Amazon fires is unacceptable.
Luxembourg has joined a small number of countries to oppose signing of the Mercosur agreement in a bid to curb massive burning of the Amazon rainforest.
The trade deal between Europe and the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) provides a clear commitment to the Paris Agreement in combatting climate change, the new EU ambassador in Brasilia said.
The European Union has slapped countervailing tariffs on imports of subsidized biodiesel from Indonesia. The southeast Asian country has threatened to retaliate but experts say counter tariffs could be self-destructive.
The new EU-Vietnam free trade agreement (FTA) shows the EU will look past human rights violations to push a trade agenda. But as FTAs with ASEAN states don’t offer the EU the same economic benefits, it’s unlikely the bloc will pen more in the near future.
Campaigners are urging reform of an obscure system that allows coal, oil and gas companies to sue governments if climate policies hit their profits.
L’accord UE-Mercosur ou le nouveau monstre créé par les logiques de libre-échange telles que nous n’en voulons pas.
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
Multinational companies will increasingly file massive cases against host countries when climate change policies affect their profits, Nobel Prize-winning economist Joseph Stiglitz said.
Climate change and the Central American Free Trade Agreement (CAFTA) have destabilized the economies and lives of many in Central America and are driving migration.
A new report by more than 20 NGOs is calling on the EU to include provisions in trade agreements now under negotiation, such as the EU/MERCOSOR agreement, that would fully protect forests and indigenous rights.
Canadian dithering about climate action could put France’s support for the Canada-Europe free trade agreement at risk, Environment Minister Catherine McKenna says.
To reduce emissions abroad, the US must renegotiate its trade agreements.
Tariff reductions by G-20 countries will sharply increase global carbon dioxide emissions. The lowering of tariffs through trade agreements has facilitated this offshoring of emissions.