Research Paper Number

38/2015

View the research paper on SSRN here.

Document Type

Article

Publication Date

2015

Keywords

Climate change, multilateral negotiations, investor-state arbitration

Abstract

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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