From the Blue Community tni – Transnational Institute:
Ahead of the Santa Marta Conference, 340+ civil society organisations call for global coalition to break free from ISDS.
Over 340 civil society organisations have signed an open statement calling on governments around the world to build a coalition to “free themselves” from a little-known international system of secretive tribunals. Published ahead of the First Conference on Transitioning Away from Fossil Fuels, taking place in Colombia at the end of April, the statement says this system, formally known as investor-state dispute settlement or ISDS, “threatens a just transition from fossil fuels and the urgent need for a social and ecological transformation for people and the planet.”