Consultations on a Concerted Response to COVID-19 Related ISDS Risks
In May 2020, IISD conducted virtual consultations on a concerted response to the risk of investor-state dispute settlement (ISDS) challenges to COVID-19 related measures.
The consultations sought views on the idea of a multilateral or bilateral suspension of ISDS for COVID-19 related measures and discussed potential forums to take up such an initiative. IISD also sought inputs on draft language for such a suspension. The first consultation draft is available here:
Draft agreement for the coordinated suspension of investor-state dispute settlement with respect to COVID-19 related measures and disputes (May 2020): in English, French, and Spanish.
In June 2020, IISD revised the draft language for a suspension agreement to reflect verbal comments and written submissions provided by developing country investment negotiators, international law experts, and civil society organizations during the consultation period.
Draft agreement for the coordinated suspension of investor-state dispute settlement with respect to COVID-19 related measures and disputes (June 2020): in English, French, and Spanish.
IISD is continuing to work with governments, regional economic communities, and other partners to raise awareness of this threat and provide options for how it can be mitigated.
Upcoming events
Building Bridges: The State of Nature-Based Investments
Join us for a panel at the Building Bridges conference in Geneva, Switzerland, to discuss the state-of-play of nature-based investments and the potential opportunities they present.
Paving the Way for Debt Relief: Strategic Collaboration Between the G20 Presidency and the FfD4
A webinar looking at current global debt relief initiatives and exploring new strategies to address the financing needs of developing countries