Global climate laws threatened by rise in investor-state disputes
A global rise in investor lawsuits against nation-sates is putting climate protection laws under threat, activists warn. Now, the EU is pushing to set up its own investor-state dispute settlement (ISDS) system. EURACTIV Germany reports.
It is not uncommon for companies to sue governments. According to UN figures, 117 states worldwide are currently being dragged to court for allegedly putting private investments at risk.
As a result, governments often prefer watering down their planned environmental laws in order to ward off potential litigation.
Read the full story on EurActiv: www.euractiv.com/section/economy-jobs/news/global-climate-laws-threatened-by-rise-in-investor-state-disputes/