A true reform or mere cosmetic improvements?

March 15, 2017

T&E has consistently denounced the flawed ISDS mechanism (investor- state- dispute settlement). One of the main concerns is that claims by foreign investors, or even threats of claims, could deter the EU or Member States from adopting measures to protect the environment.

We therefore welcome that the Commission proposes to step away from private, ad-hoc arbitration and establish a multilateral investment court. However, T&E can only give its support to this initiative if our core concerns, most importantly the protection of the right to regulate, are duly addressed.

Related Articles

View All
Letter

Global coalition calls for no further weakening of the EU batteries due diligence rules

Changes to Batteries Regulation rules would threaten responsible and resilient supply chains and weaken European companies’ competitive advantage.

Opinion

De Meo’s mid-level player Renault could be Europe’s automotive future

In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...

Press Release

EU’s reliance on carbon credits risks making a ‘paper tiger’ of Europe’s climate efforts

The European Commission’s decision to allow offsets to meet its 90% emissions reduction target by 2040 will severely weaken Europe’s climate efforts, ...