Webinar: Don’t let corporate courts block climate action
Watch webinar recording
- Jean Blaylock, trade campaigner, Global Justice Now
- Niels Jongerius, economic justice programme, Transnational Institute (the Netherlands)
- Stuart Trew, director, Trade and Investment Research Project, Canadian Centre for Policy Alternatives
Corporate courts* are an obstacle to a clean energy transition and to achieving climate justice.
- The Netherlands is being sued by two fossil fuel companies for phasing out coal power
- The US is being sued by a Canadian fossil fuel company after President Biden cancelled the Keystone tar sands pipeline
- A UK fossil fuel company is suing Slovenia over fracking
The UK should be getting rid of corporate courts. Instead the government wants to set them in stone – signing new deals with corporate courts in them such as the UK-Canada deal and the Trans-Pacific Partnership, and recommitting to an existing big corporate court deal, the Energy Charter Treaty.
The government hopes to get away with this under the radar, because not enough people know what’s going on.
That’s why we’re bringing together speakers from the UK, Netherlands and Canada to learn more about this and start planning for a day of action in September ahead of the UN climate conference.
* Corporate courts are more formally known as Investor-State Dispute Settlement (ISDS) and can be written into trade rules.