If the states of the world take seriously their own rhetorical commitments to climate change mitigation, job creation, and sustainable development, they must reject the free trade paradigm.
African nations should not be expected to take the lead in addressing a climate emergency they did not create. The priority for Africa is to receive support and investment to build resilience and adapt to climate impacts.
An environmental group is pleading with the Canadian government to reject a controversial trade deal it says would further fuel deforestation in the Amazon in a new letter addressed to Canada’s minister of foreign affairs.
Extractive companies are the most frequent users of the investor-state dispute settlement system (ISDS), making up 29 percent of all ICSID claims in fiscal year 2021.
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets.
In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty.
Treaty allows energy corporations to sue governments for billions over policies that could hurt their profits.
Allowing oil, mining, and gas companies to continue to file expensive lawsuits over environmental regulations could undermine whatever agreements might be reached in the COP26 in Glasgow.
Coal plant owners are using this little-known mechanism to try and recoup billions from governments who are forcing them to shut down polluting plants
Courts allow big polluters to sue governments into “a state of climate paralysis”, campaigners say.
Rules accepted under various trade and investment agreements often benefit destructive, extractive industries to the detriment of national and international climate goals and ambitions.
The document says it can be very difficult to trade with some countries that do not necessarily support saving the environment but the government says ministers are not considering the advice.
Australia pressured the UK not to include binding clauses on the Paris Agreement.
Environmental organisations have hailed a court decision that could mean the end of a little-known legal mechanism that poses a massive threat to climate action.
Vice President Harris announced in Vietnam today that Vietnam has agreed to cut its import duties on corn, wheat and pork products.
As governments try to phase out coal and leave fossil fuels in the ground, lawsuits from industry investors are starting to pile up around them.
Governments must urgently terminate all international investment treaties in force, in particular the Energy Charter Treaty, and stop negotiating new ones.
Slovenian environmental NGOs have called on infrastructure minister Jernej Vrtovec to use the country’s EU presidency to propose a political discussion on the bloc exiting the Energy Charter Treaty.
Tackling trade and investment agreements must be an essential step in achieving justice-oriented action on climate change, health inequities and economic injustice.