Safeguarding Climate Policy in Third-Party Funded Investment Arbitration Through Legal Solidarity Mechanisms: The Potential Role of the Forthcoming UNCITRAL’s Advisory Centre

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F48546054%3A_____%2F25%3AN0000024" target="_blank" >RIV/48546054:_____/25:N0000024 - isvavai.cz</a>

Result on the web

<a href="https://investmentlaw.adjuris.ro/articole/An5v2/3.pdf" target="_blank" >https://investmentlaw.adjuris.ro/articole/An5v2/3.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.62768/IILJ/2025/5/2/03" target="_blank" >10.62768/IILJ/2025/5/2/03</a>

Result language

angličtina

Original language name

Safeguarding Climate Policy in Third-Party Funded Investment Arbitration Through Legal Solidarity Mechanisms: The Potential Role of the Forthcoming UNCITRAL’s Advisory Centre

Original language description

This article explores how the forthcoming UNCITRAL Advisory Centre on International Investment Dispute Resolution (ACIIR) can assist states, particularly developing countries, in defending climate policies against investor claims backed by third-party funding (TPF) in investment arbitration. As climate-related regulatory measures increasingly trigger Investor-State Dispute Settlement (ISDS) claims – increasingly financed by non-party funders – the risk of a ‘regulatory chill’ grows, disproportionately affecting climate-vulnerable states. The article examines how TPF alters the dynamics of ISDS and creates systemic imbalances in arbitration proceedings that can ultimately jeopardise national climate policies. The article argues that the ACIIR, envisioned as a multilateral support hub, could function as a mechanism of legal solidarity by offering technical assistance, procedural guidance, legal representation, and training tailored to climate-focused disputes. It also offers practical recommendations – such as equipping the Centre with environmental law expertise and fostering peer networks among similarly situated states – to enhance the Centre’s climate-defensive potential. Ultimately, the article proposes that, with adequate resources and mandates, the ACIIR can help support investor-state arbitration toward safeguarding public interests, including climate change ones. The article was written within project Horizon Europe project HRJust (States’ Practice of Human Rights Justification: a study in civil society engagement and human rights through the lens of gender and intersectionality), GA no. 101094346.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50501 - Law

Project

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Continuities

R - Projekt Ramcoveho programu EK

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

International Investment Law Journal

ISSN

2734-8830

e-ISSN

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Volume of the periodical

5

Issue of the periodical within the volume

2

Country of publishing house

RO - ROMANIA

Number of pages

15

Pages from-to

156-170

UT code for WoS article

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EID of the result in the Scopus database

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