A Just Energy Transition in the International Investment Agreements

The polarity of arguments is significant among EU Member States, EU institutions, and scholars on the modernisation outcome of the Energy Charter Treaty (ECT). The principal disagreement is whether the modernised agreement aligns with the Paris Agreement and meets the goals of a ‘just transition’. T...

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Bibliographic Details
Published inInternational and comparative law review (Olomouc, Czech Republic) Vol. 24; no. 1; pp. 180 - 200
Main Author Feigerlová, Monika
Format Journal Article
LanguageEnglish
Published Olomouc Sciendo 01.09.2024
De Gruyter Poland
Subjects
energy transition
fossil-fuel phase out
international investment protection
just transition
modernised ECT
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ISSN2464-6601
1213-8770
2464-6601
DOI10.2478/iclr-2024-0012

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Summary:The polarity of arguments is significant among EU Member States, EU institutions, and scholars on the modernisation outcome of the Energy Charter Treaty (ECT). The principal disagreement is whether the modernised agreement aligns with the Paris Agreement and meets the goals of a ‘just transition’. The modernised treaty, as a first investment treaty, has introduced a flexibility mechanism to end the protection of fossil-fuel related investments. The article aims to analyse the draft reformed treaty from a conceptual perspective, aiming to contribute to an understanding of the just transition concept in the context of international investment law and transitioning away from fossil fuel-related investments.
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ISSN:2464-6601
1213-8770
2464-6601
DOI:10.2478/iclr-2024-0012