This year the Energy Charter Treaty (ECT) is being reviewed by its signatories. It’s the most invoked international investment agreement in the world, and it needs either to be reformed or abandoned, says Sarah Keay-Bright. Created at the end of the cold war, it was designed to protect international energy investments – in a fossil fuel world - from political risk. Today, its wording and mechanisms are failing to protect investors that are vital … [Read more...]
