Bart-Jaap Verbeek Profile picture
Senior Researcher | @SOMO | @Radboud_Uni | (Critical) International Political Economy | Trade and Investment Law and Policy | Energy and Extractives | Ph.D.
Nov 3, 2022 โ€ข 6 tweets โ€ข 3 min read
The Dutch government ๐Ÿ‡ณ๐Ÿ‡ฑ has released its assessment regarding the modernization of the Energy Charter Treaty and why and how it wants to #ExitECT

The result achieved is insufficiently ambitious and not in line with ๐Ÿ‡ณ๐Ÿ‡ฑ๐Ÿ‡ช๐Ÿ‡บ #climate targets. ๐Ÿงต๐Ÿ‘‡

tweedekamer.nl/kamerstukken/bโ€ฆ Key points decisive for ๐Ÿ‡ณ๐Ÿ‡ฑ to #ExitECT:
1โƒฃ Despite flexibility mechanism and carve-outs for ๐Ÿ‡ช๐Ÿ‡บ, ECT remains an organization where #FossilFuel protection outside ๐Ÿ‡ช๐Ÿ‡บ remains possible.
2โƒฃ No reference to future Multilateral Investment Court
3โƒฃ No strong sustainability obligations