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.
The Russian state will go on trial for failing to pay $60bn (£49bn) to former shareholders of defunct oil behemoth Yukos, after a British judge blocked the country’s bid for immunity.
Zenith Energy a engagé un deuxième arbitrage contre la Tunisie devant la Chambre de commerce internationale après avoir déposé une procédure auprès du CIRDI en juin.
Alliance Sud a participé à une mission internationale de 17 membres d’ONG qui dénoncent les accords de protection des investissements, y compris celui conclu avec la Suisse. Reportage sur la Colombie et ses géants miniers.
Governments the world over are worried about investor-state dispute settlement (ISDS) rules. These allow foreign investors to sue them for billions over new laws or policies reducing their profits.
The investor-state dispute settlement is a system that empowers foreign investors to sue a sovereign government. It was instituted in the 1960s against the votes of most Latin American countries — and continues to wreak havoc today.
The Paris Appeal Court has found in favour of Air Canada in its long-standing dispute with Venezuela over the payment of about USD21 million in compensation for airline ticket revenues withheld by the South American country.