An ISDS Carve-Out to Support Action on Climate Change
Author(s) -
Gus Van Harten
Publication year - 2015
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2663504
Subject(s) - climate change , action (physics) , business , international trade , political science , geology , physics , quantum mechanics , oceanography
How should a multilateral agreement on climate change include a safeguard against risks of investor-state dispute resolution (ISDS) lawsuits targeting climate change action by governments? The aim of this short report is to identify language for an ISDS carve-out that is reliable and clear considering the importance of climate change action and the financial uncertainties and potential deterrent presented by ISDS for states considering such action.
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