ISDS allows foreign investors to sue our Government

Investor-State Dispute Settlement

Campaign win: Australia cuts ties with Energy Charter Treaty (ECT)

November 8, 2021: In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty (ECT), on September 28, 2021. The ECT is an investment agreement that allows fossil-fuel companies to sue governments in international tribunals for climate action policies.

UN review of ISDS faces severe problems

September 21, 2021: In 2016, following mounting criticism of abuse by global corporations of Investor-State Dispute Settlement (ISDS) the United Nations Commission on International Trade Law (UNCITRAL) began a review. But after five years, the UNCITRAL Working Group III (WGIII) appears to be a long way from delivering meaningful reforms to the investment arbitration regime.