To address the climate crisis, governments need to limit new fossil fuel developments. But foreign investors are often protected under trade and investment agreements.
Palmer sued Western Australia’s government in the High Court and lost. But an obscure clause in a little-known trade agreement is giving him a second chance
Experts are concerned that a legal mechanism called investor-state dispute settlement could affect countries’ moves to cut fossil fuel emissions. Listen to The Conversation Weekly.
The Canada-U.S.-Mexico Free Trade Agreement, which came into force in July 2020, puts more emphasis on the environment and gives greater authority in Canada in the matter.
Abolishing the secretive World Bank Tribunal known as the ISDS won’t solve all of the problems of global economic governance. But it seems a very good place to start.
Many provisions in the Trans-Pacific Partnership have been suspended after the United States pulled out. But there’s still much to debate about the regional free trade agreement.
Ronald Labonte, L’Université d’Ottawa/University of Ottawa
NAFTA renegotiations may see provisions from the Trans-Pacific Partnership revive like zombies. We must remember their failures - on income inequality, labour and environmental protection.
Research Fellow, NHMRC Centre for Research Excellence in the Social Determinants of Health Equity, School of Regulation and Global Governance, Australian National University