Money is scarce, at all ends. This impression was gained by following the budget debates of the now-failed traffic light coalition for 2025. And another big expense could be added for the German state: Compensation payments to investors. They are suing Germany in private arbitral tribunals for over 2 billion euros. The system of arbitral tribunals enabling these actions is itself referred to as ‘outdated’ by the Ministry of Economy and the European Commission. In the meantime, Germany and the EU have withdrawn from the Energy Charter Treaty. But apart from that, they still stick to the arbitral tribunals. This will be discussed by our moderator Antonia Vangelista with Fabian Flues, PowerShift's Trade and Investment Policy Officer.
Show notes:
To listen and read more:
- Overview page Global Investor-State Arbitration (ISDS); in English)
- Reply of the German Federal Government on investor-state arbitration and investment protection agreements
- Article on the case of private cities in Honduras (Latin America News Pool)
- Article “Secret tribunals are increasingly attacking climate policy” (climate reporter)
