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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50501 - Law

Projekt

—

Návaznosti

R - Projekt Ramcoveho programu EK

Rok uplatnění

2025

Kód důvěrnosti údajů

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

Název periodika

International Investment Law Journal

ISSN

2734-8830

e-ISSN

—

Svazek periodika

5

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

15

Strana od-do

156-170

Kód UT WoS článku

—

EID výsledku v databázi Scopus

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