Abstract
Transformative and accountable climate governance must address trade and investment law to ensure investor-state dispute settlement (ISDS) clauses in trade agreements are not used to delay, disrupt, and block governance of the environment, biodiversity, and climate. This chapter examines two recent ISDS matters under the North American Free Trade Agreement (NAFTA) and public policy options to reform the ISDS regime in renegotiations of NAFTA. It also considers the implications of investment disputes over environmental and climate matters for the Trans-Pacific Partnership 2015. The reformation or abolition of the ISDS regime would remove significant challenges to global sustainable development and climate action goals.
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Rimmer, M. (2019). The Empire Strikes Back: Fossil Fuel Companies, Investor-State Dispute Settlement, International Trade, and Accountable Climate Governance. In: Edmondson, B., Levy, S. (eds) Transformative Climates and Accountable Governance. Palgrave Studies in Environmental Transformation, Transition and Accountability. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-97400-2_5
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