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1/6 Nobel laureate @JosephEStiglitz: Multinational companies will increasingly file massive cases against host countries when #ClimateChange policies affect their profits. #ISDS reform is needed to stop companies fighting climate rules. @SebastienMalo news.trust.org/item/201905290…
2/6 #ISDS cases can "instill fear of environmental regulations, #ClimateChange regulations because you know that it's going to be costly" for governments, @JosephEStiglitz said. "It's litigation terrorism." @IISD_ELP
3/6 @JosephEStiglitz: #UNCITRAL #ISDS reform process is a rare opportunity to end "pernicious litigation.” I’d add: the @Energy_Charter, which gives carbon-intensive energy investors access to #ISDS, must be aligned with the low-carbon transition. @ogeltdm transnational-dispute-management.com/article.asp?ke…
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