Investor-State Dispute Settlement (ISDS) in the Energy Sector: A Poisonous Gift for Developing Countries?

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The creation of an international energy market has brought along new challenges. In order to palliate any abuse towards the foreign investors, a strong protection framework was developed: the so-called investor-state dispute settlement (ISDS) coupled with the arbitration. Recent cases have, however, highlighted that private institutions are becoming so powerful that they can prohibit states from implementing changes without being threatened by arbitral proceedings. This threat works as a limitation of state sovereignty. Currently, the system puts the interests of private corporations above the needs of the population. ISDS in the energy sector has always been a poisoned gift for developing countries.
Original languageEnglish
Title of host publicationHandbook of Research on Energy and Environmental Finance 4.0
EditorsAbdul Rafay
Place of PublicationHershey, Pennsylvania
PublisherIGI Global
Chapter1
Pages1-24
Number of pages24
ISBN (Electronic)9781799882114
ISBN (Print)9781799882107
DOIs
Publication statusPublished - Feb 2022

Publication series

NameHandbook of Research on Energy and Environmental Finance 4.0
PublisherIGI Global
ISSN (Print)2327-5677

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