Topic: Climate change
New leadership for Green Campaign
Lucy Greenwood, the founder of the Campaign for Greener Arbitrations, has stepped down as president of the initiative’s steering committee – as Cherine Foty of Covington & Burling and Christine Falcicchio of e-submission provider Sopra Legal take over as co-presidents.
29 February 2024
Slovenia denied security in fracking case
An ICSID tribunal has declined to order a UK company to post security for costs in a €656.5 million claim over Slovenia’s blanket ban on fracking for natural gas.
23 February 2024
UK latest to leave ECT
The UK has confirmed it will withdraw from the Energy Charter Treaty, citing the failure of efforts to align it with climate change goals.
22 February 2024
Spain avoids damages in ECT case
A split ICSID tribunal has rejected a Swiss investor’s €175 million damages claim against Spain after concluding that the state’s reforms to its renewable energy regime resulted in only a limited breach of the Energy Charter Treaty.
22 February 2024
RWE to withdraw ECT claim against Netherlands
German energy company RWE is withdrawing its Energy Charter Treaty claim against the Netherlands over coal phase-out legislation – months after a German court ruled it was inadmissible.
03 November 2023
“Unjust, undemocratic and dysfunctional”: UN report slams ISDS
A UN report has severely criticised the impact of investment arbitration on climate action and human rights – calling it “not fit for purpose in the twenty-first century” and recommending states withdraw their consent to arbitration under investment treaties.
02 November 2023
Can arbitration solve the problems of the world?
In the latest Roebuck Lecture held by the Chartered Institute of Arbitrators, Kabir Duggal considered the potential of international arbitration to safeguard human rights, mitigate armed conflict and address the threats posed by climate change.
03 October 2023
Spain seeks annulment of renewables awards
Spain has applied to annul a pair of Energy Charter Treaty awards that held it liable to Japanese and Dutch investors over reforms to its renewable energy subsidy regime.
26 September 2023
UN tribunal hears states on climate change
Arbitration practitioners from several well-known law firms and chambers have appeared before a UN tribunal that has been asked to clarify states’ obligations to protect the world’s oceans from the effects of climate change.
26 September 2023
UK considers withdrawal from ECT
The UK government has said it is considering withdrawal from the Energy Charter Treaty if signatories fail to adopt a modernised version of the treaty later this year.
01 September 2023