Tag: reform

Conflicts Between International Climate Law and Investment Arbitration: A proposed exception to the full reparation standard without moving the goalposts

By Claudia Wortmann[1] State Parties to the United Nations Framework Convention on Climate Change (‘UNFCCC’) and the 2015 Paris Agreement are obliged to take steps to mitigate climate change. Such steps include achieving an urgent energy transition away from fossil fuels toward more renewable, ‘green’ energy. However, one of the issues that arises in the… Read More Conflicts Between International Climate Law and Investment Arbitration: A proposed exception to the full reparation standard without moving the goalposts

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ISDS Reform: Consensus on the Advisory Centre and First Roadblocks on Establishing a Standing Mechanism

By Cristian Gallorini[1] The 48th session of the UNCITRAL Working Group III (Investor State Arbitration) took place in New York from 1 to 5 April 2024. The discussion focused on the draft statute of an advisory centre on international investment dispute resolution (A/CN.9/WG.III/WP.238), and the draft statute of a standing mechanism for the resolution of… Read More ISDS Reform: Consensus on the Advisory Centre and First Roadblocks on Establishing a Standing Mechanism

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