15. December 2020
Five years after the Paris Agreement was signed, concern is mounting over another, lesser-known international treaty: the Energy Charter Treaty (ECT). The ECT is an antithesis to the Paris Agreement, allowing fossil fuel companies to sue countries over their climate policies rather than strengthening the global response to climate change. The ECT was signed over two decades ago without much public debate. It protects all investments in the energy sector, including coal mines, oil fields and gas pipelines. Any state action that harms a company’s profits from these investments can be challenged outside of existing courts, in international tribunals consisting of three private lawyers. Governments can be forced to pay huge sums in compensation if they lose an ECT case. Oil and gas company Rockhopper, for example, is suing Italy over a ban on new offshore oil drilling. Coal company Uniper/Fortum is threatening to sue the Netherlands for its coal phaseout. Several Eastern European countries have been sued because they took steps to lower electricity prices and cut into the profits of energy companies. The lawsuits demonstrate how the ECT can also be used against government action to reduce energy poverty.
Activities & Opinions
21. January 2021
Living Lakes, Global Nature Fund and the German NGO Forum on Environment and Development celebrate the World Wetlands Day 2021 – Wetlands and Water with the online event Threatened Lake Areas announcing the Pantanal as this years ‘Threatened Lake of the Year’. You’ll also learn about Wetland Albufera in Valencia, Spain and get an impression of the Global Lakes Marathon, an inspiring 24 hours online-Event around the globe.
Join us on February 2 at 2 p.m.Read More
Specialist conference on development policy: Techno-fix against the crisis? Biological diversity and land-use in the sights of geoengineering and biotechnology
Topics and Contact Persons
Friedrich Wulf, pronatura
Meike Spitzner, Wuppertal Institut
für Klima, Umwelt, Energie
Alessa Hartmann, PowerShift e.V.
Tobias Reichert, Germanwatch
Marek Baumeister, Aktionsgemeinschaft Solidarische Welt e.V.
Kai Kaschinski, fair-oceans
László Maráz, Forum Umwelt und Entwicklung
Durmus Ünlü, AÖW