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Investor–state dispute settlement and fossil fuels : What role for a carveout ?

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IISD | 8 March 2024

Investor–state dispute settlement and fossil fuels : What role for a carveout ?

By Lukas Schaugg, Suzy H. Nikièma, Nathalie Bernasconi-Osterwalder

This week, the Organisation for Economic Co-operation and Development (OECD) hosted its 9th annual Investment Treaty Conference on “Supporting the Global Energy Transition : Methods to align investment treaties with the Paris Agreement.” Delegates discussed a carveout of climate change measures in investor–state dispute settlement (ISDS) as a central reform proposal. In this blog, IISD’s Lukas Schaugg, Suzy H. Nikièma, and Nathalie Bernasconi-Osterwalder assess the implications of this proposal for climate policy and for broader efforts to reform international investment governance.

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 source: IISD