To tackle the climate crisis we need to keep fossil fuels in the ground. But governments that phase out coal, end gas production, or stop oil pipelines can be sued by corporations in private courts and be held liable for billions in damages. How? Under the Energy Charter Treaty (ECT). It is now up to European governments and the European Commission to pull out of the anti-climate ECT and stop its expansion to even more countries. Take action today to make this happen!
Discussions of the threat to liberal democracy have neglected perhaps the most surprising source that is one of the major arcs of history of the last three decades: globalization. It promised the promotion of liberal democracy encapsulated in neoliberal economics whose components include free movement of capital and finance, free trade, free movement of people, and the free transfer of ideas through social media. While globalization has achieved many of these four freedoms, it has also fostered its precise opposite: a borderless world that has stripped the principal source of political democracy – the nation state -- of much of its political and economic legitimacy for the liberal democracy that created globalization. Governments became weakened by the very fraying of its borders wrought by a globalization they promoted.
For around 13 years, on the Dutch Trade and Investment Board (a body that is not familiar to most of the Dutch public) top civil servants and company lobbyists have been discussing how the government can support the country’s international trade. Minutes reveal how lobbyists and ministers collaborated in reforming fiscal and development policies in favour of private interests. It’s an example of the power of ‘quiet politics’ of company lobbyists in the Netherlands, calling into question the country’s image as an exemplar of liberal, consensual corporatism.
Last year the European Commission announced plans to establish a Multilateral Investment Court (MIC) in its attempt to reform the investment arbitration system, known as ISDS. However, the proposal has received little public scrutiny so far. Now five civil society organisations are organising a public event with international experts to discuss the MIC and examine alternative approaches.
Central and Eastern European (CEE) countries find themselves at a crossroad regarding their investment protection policies with the US. This briefing provides evidence that shows that including investment arbitration in the Transatlantic Trade and Investment Partnership (TTIP) will worsen the capacity for CEE governments to regulate.
Why should human rights, environmental and consumer advocate organizations all over the world that are working toward a world different from the corporate-led neoliberal dogma, pay special attention to TTIP?
Nieuws.nl - Twitteraars zetten zich massaal in tegen het TTIP handelsverdrag met de hashtag #TTIPalarm. Maandag 20 april start in Washington de negende onderhandelingsronde over het handelsverdrag en Twitteraars willen dat het tegengeluid gehoord wordt. Het alarm is een initiatief van Milieudefensie, Both ENDS, SOMO, Transnational Institute en TNI.
Citizens and policy makers around the world are increasingly questioning the trade agreement system, especially the investor-state dispute settlement mechanism (ISDS) that enables foreign investors to bypass the legal system of host states and sue governments before private tribunals for any policy, democratically passed law, or judgment of a court that adversely affects them.
For a TTIP resolution that puts people, the environment and democracy before short-term profit and disproportionate corporate rights. 375 civil society organisations from across Europe call on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.
As the European Parliament drafts its opinion on the controversial TTIP (Transatlantic Trade and Investment Partnership) talks, 375 civil society organisations from across Europe have called on EU decision-makers to protect citizens, workers, and the environment from the threats it poses.
Pietje Vervest, Hilde van der Pas, Roos van Os, Roeline Knottnerus
27 January 2015
Dutch investment treaties (BITs) are frequently used by foreign companies to sue governments in the North and South for policies that might harm their future profits. 75% of these cases were brought by mailbox companies with no real economic substance in the Netherlands, making use of the vast web of Dutch BITs and the rights and protection given to foreign investors.
These are crucial days for TTIP. The US-EU trade deal, which would legally enforce the privatisation of the NHS, is facing extraordinary levels of public protest on both sides of the Atlantic. But while opponents focus on the battle at hand, a separate Canadian trade deal could allow TTIP's worst abuses by the backdoor.
Netherlands/Jakarta, 14 November 2014 - The announcement on November 13th of a US-India agreement on trade facilitation and India’s food security programme was denounced today by Transnational Institute and Serikat Petani Indonesia (SPI), the Indonesian Peasant Union Federation as a “victory for transnational corporations at the expense of peasant farmers.”
The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are used by companies to get exemptions from government regulations and legislation, undermining democracy and development.