{"id":7047,"date":"2016-05-16T03:02:01","date_gmt":"2016-05-16T08:02:01","guid":{"rendered":"https:\/\/iisd.org\/itn\/?p=7047"},"modified":"2024-08-09T18:26:51","modified_gmt":"2024-08-09T16:26:51","slug":"investment-court-system-put-to-the-test-new-eu-proposal-will-perpetuate-investors-attacks-on-health-and-environment","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2016\/05\/16\/investment-court-system-put-to-the-test-new-eu-proposal-will-perpetuate-investors-attacks-on-health-and-environment\/","title":{"rendered":"Investment Court System Put To The Test: New EU proposal will perpetuate investors\u2019 attacks on health and environment"},"content":{"rendered":"<h3><em>By Natacha Cingotti, Pia Eberhardt, Nelly Grotefendt, Cecilia Olivet and Scott Sinclair, Published by Canadian Centre for Policy Alternatives, Friends of the Earth Europe, Corporate Europe Observatory, German NGO Forum on Environment and Development and the Transnational Institute, April 2016<\/em><strong><br \/>\n<\/strong><\/h3>\n<p>The European Commission claims that its new investment proposal\u2014the Investment Court System (<span class='tooltipsall tooltipsincontent classtoolTips72'>ICS<\/span>)\u2014will protect governments\u2019 abilities to regulate on crucial matters such as public health and environmental protection. However, a close review of five of the most controversial arbitration cases in recent years (<em>Philip Morris v. Uruguay<\/em>, <em>TransCanada v. United States<\/em>, <em>Lone Pine v. Canada<\/em>, <em>Vattenfall v. Germany<\/em>, and <em>Bilcon v. Canada<\/em>) shows they could still be launched under the current proposal. Each of these cases can still prosper under ICS, because the new system still grants investors ample and ill-defined rights. When put to the test, the ICS, proposed to replace the flawed investor\u2013state dispute settlement (<span class='tooltipsall tooltipsincontent classtoolTips43'>ISDS<\/span>) mechanism, fails to protect the right to regulate. Available at <a href=\"https:\/\/www.tni.org\/icstest\">https:\/\/www.tni.org\/icstest<\/a>.<!--more--><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips43','investor\u2013state dispute settlement'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips58','soluci\u00f3n de controversias inversionista-Estado'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips65','East African community'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips114','Sistema de Tribunales de Inversiones'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script>","protected":false},"excerpt":{"rendered":"<p>The European Commission claims that its new investment proposal\u2014the Investment Court System (<span class='tooltipsall tooltipsincontent classtoolTips72'>ICS<\/span>)\u2014will protect governments\u2019 abilities to regulate on crucial matters such as public health and environmental protection.<script type=\"text\/javascript\"> toolTips('.classtoolTips67','Energy Charter Treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips117','European Union'); <\/script><\/p>\n","protected":false},"author":1,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[417],"tags":[],"class_list":["post-7047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-resources"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=7047"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/7047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=7047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=7047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=7047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}