A new report issued by T&E and other civil society NGOs analyses the investment court system included in the trade agreement between the EU and Canada (CETA). The report finds that the inclusion of such as system will undermine democracy, rule of law and environmental protection.
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Foreign investors have increasingly used this system of arbitration to challenge environmental and climate mitigation regulations.
The EU member states and members of the European Parliament will have to decide if they want to ratify the EU-Canada trade agreement in the coming months. The report’s authors were Transport & Environment BEUC, EPHA, EEB and Client Earth.
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EU government ministers have agreed on a watered-down 2040 emissions reduction target of 85%, inclusive of reliance on offsets
‘STIP’ diagnoses the problems for decarbonising planes and ships, but there is an urgency to act now, says T&E.