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Corporate courts vs the environment
Corporate courts were invented to protect the West’s control of the world against decolonisation. They are now undermining attempts to halt climate change.
Brexit: Australia trade deal may lead to deal with South America, where intensive farming destroys rainforests
‘Any policy allowing imports that do not match UK animal welfare policies simply props up an industry the public has firmly rejected,’ says critic.
Ancient Romanian gold mine given UNESCO protection
The derailment of the plans led Canadian mining company Gabriel Resources to sue the Romanian government for $5.7 billion before the Washington-based ICSID.
Romania mining town Rosia Montana eyes UNESCO restart
Meanwhile, Gabriel Resources has taken Romania before the World Bank’s International Centre for Settlement of Investment Disputes, seeking $4.4 billion (3.7 billion euros) in damages.
Ecuador to seek ’payment plan’ for award to French oil company
Ecuador has 60 days to make the payment and has already contacted Perenco to start negotiations. In 2020, the country inked a $6.5 billion emergency deal with the IMF.
Ecuadorean state should pay $412 million to Perenco after losing legal dispute
The Ecuadorean country will have to face a millionaire sum for Perenco oil company after a ruling by a panel formed under the auspices of the World Bank’s International Center for Settlement of Investment Disputes.
US, Canada, Mexico hold ’robust’ trade deal talks, downplay differences
Trade ministers held "robust" talks on the new North American trade deal and pledged to fully enforce its higher standards, while downplaying differences over a range of other irritants.
Corporate courts threat to insects
The shadowy parallel court system of major trade agreements makes it difficult for countries to ban broad-spectrum insecticides.
EU exports of banned pesticides fuelling death & destruction in Mercosur
The EU has exported 7000 tonnes of deadly pesticides – banned domestically – to Mercosur countries in 2018-2019, a study published by the Left group in the European Parliament has found.
EU-Mercosur trade agreement: No protection of environment and people without renegotiations
CIDSE, MISEREOR and Greenpeace published a new legal opinion that proves that in order to provide effective protection of human rights and environmental standards, the agreement needs to be renegotiated.
EU seeks Mercosur green commitments by end-2021 - EU trade chief
The European Union is seeking meaningful commitments on climate change and deforestation from Brazil and other Mercosur countries by the end of 2021.
Turkey is the latest victim of a billion-dollar corporate heist
A Canadian mining company is suing Turkey for $1 billion at a secretive arbitration court over the cancellation of a mine project that was deemed disastrous for the environment.
Alamos Gold’s units to file $1 bln investment treaty claim against Turkey
Miner Alamos Gold said its Netherlands units will file an investment treaty claim exceeding $1 billion against Turkey for "unfair and inequitable treatment" with its gold mining project.
ATPC embarks on first ever environmental assessment of the AfCFTA to usher in green-friendly trade on the continent
The African Trade Policy Centre is preparing the first ever Strategic Environmental Assessment (SEA) of the AfCFTA to guide on how environmental considerations can be effectively incorporated into the agreement.
Mercosur trade deal threatens to wreck EU’s climate credibility
To pass the EU-Mercosur deal in its current state would set an horrific precedent for future trade deals currently under negotiation and fly in the face of the EU’s landmark Green Deal.
EU trade deal set to increase harmful meat imports
The EU plans to increase the number of destructive products on supermarket shelves with the proposed EU-Mercosur trade deal, reveals a report.
Ombudsman: Sustainability assessment should have been completed before EU-Mercosur trade deal agreed by negotiators
The European Commission should have concluded an updated sustainability impact assessment before the EU-Mercosur trade deal was agreed, an inquiry by European Ombudsman has found.
China-EU comprehensive agreement on investment: Ineffective in protecting labour rights and acting on environmental justice
Without thinking about environmental action beyond emissions and enacting binding agreements on protecting workers’ rights, China and the EU fail at making meaningful change for both labour and environmental justice.
What Indonesia’s palm oil is losing in Swiss trade deal
If Indonesia only focuses on the formal process in palm oil international trade, it may still lose the battle of public opinion that may risk its markets and consumers worldwide.