Clive Palmer’s controversial legal strategies challenge Australia’s trade agreements and environmental laws, and have profound implications for global climate action.
To achieve the Paris Agreement’s climate goals, states must move away from fossil fuels. But investor–state dispute settlement (ISDS) — a system that enables companies to take states to international arbitration — can increase the cost of this transition.
The battle over block OPL 245 between Nigeria and Italian major ENI was suspended on 16 November.
Notes from the Energy Charter Treaty Conference reveal plans for the controversial Energy Charter Treaty to expand to more oil-producing countries.
Officials fear secret courts will block climate action and divert billions into coffers of fossil fuel investors.
Talks are underway for South Korea’s Ministry of Trade, Industry, and Energy to enter an Economic Partnership Agreement (EPA) with Thailand.
IPEF member countries have agreed on terms of the clean energy pillar and on the anti-corruption chapter.
Indonesia, which has the world’s biggest nickel ore reserves, in September asked the United States to begin discussions for a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the US Inflation Reduction Act (IRA).
Zenith Energy has launched international arbitration in Paris against state-owned Entreprise Tunisienne d’Activités Pétrolières (ETAP).
The groups argue that removing ISDS — which has prioritized corporate rights over those of governments, people, and the planet — is needed to protect policies necessary for a clean energy transition.
DTEK Group prevails in The Hague case, securing a $267 million award from Russia for the confiscation of assets in occupied Crimea.
There is a coordinated move for EU members to withdraw from the dangerous Energy Charter Treaty but Ireland is refusing to act.
Six Middle Eastern countries, comprising the Gulf Cooperation Council, have been seeking a free-trade deal with China for nearly 20 years.
Investment protection is necessary to encourage energy transition investment.
A US trade official stressed Mexico’s need to address "serious concerns" from the United States of its energy measures, which were raised during consultations under a regional trade pact, the US Trade Representative’s office said.
Eleven countries have already pledged to exit the disastrous international charter treaty. We must join them.
UNCTAD presents a new toolbox to make international investment agreements actively support the shift from fossil fuels to renewable energy sources.
On 27 July 2023, the German Federal Court of Justice (German FCJ) declared three intra-EU investor-State ICSID arbitrations inadmissible under German arbitration law given their incompatibility with EU law.
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Portugal’s Environment Minister Duarte Cordeiro annouced that the country has started withdrawing from the Energy Charter Treaty, in line with a proposal tabled by the European Commission two weeks ago.