IISD in the news

World in Progress: Arbitration courts - why citizens foot the bill for big investors

When foreign investors sue governments for losses due to policy changes in so-called arbitration courts, countries can end up paying billions. The system was set up to protect foreign investors, but critics say that it mainly helps companies dodge national laws, and has become a lucrative and highly intransparent business harming citizens even in poor countries that foot the bill.

July 29, 2020