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An obscure treaty threatens climate goals, but fixing it may hurt EM investment

  • 1994 Energy Charter Treaty used supranational rules to reduce the risk of energy investment in the former Soviet Union

  • But most claims have been against EU countries for climate policies that damaged electricity project profitability

  • EU's unilateral withdrawal from the treaty risks undermining the credibility of other EM investor-protection treaties

An obscure treaty threatens climate goals, but fixing it may hurt EM investment
Paul Domjan
Paul Domjan

Senior Contributing Analyst

Tellimer Research
4 December 2021
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