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Stop ISDS campaign 2019

CEO turns the spotlight on another of the interest groups operating within the European Parliament.

A new briefing in French and English by CEO shows how Solutions COP21 in Paris, which is supposed to showcase climate solutions during COP21, is in fact just a corporate greenwashing vehicle that also enables big business to buy access to decision makers. Aimed at activists, the 4-page briefing is a what's what on (false) Solutions COP21.
The first corporate sponsors of this winter's 'historic' UN climate talks (COP21) have been unofficially unveiled: luxury brand Luis Vuitton (LVMH) and Suez Environment, a key member of the French pro-fracking lobby. According to an article by ATTAC's Maxime Combes, others were initially announced in the press (BMW, Vattenfall and New Holland Agriculture) but later denied by the COP21 organisers.

The concessions directive, which has the stated object of opening markets and eliminating “discrepancies among national regimes”, would end the exemption that has so far existed for drinking water supply and for the first time bring it under the rules of the EU’s single market.

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This year provides a rare opportunity to end some of the most outrageous rights enjoyed by big business: the investor-state dispute settlement system or ISDS. Under ISDS corporations and the rich have sued governments for billions of euros – for anything from introducing health warnings on cigarettes to banning dirty oil drilling. Campaigners and social movements are uniting in 2019 to put an end to this parallel justice system for big business.

Whenever a government passes a law which could potentially affect profits, the ISDS system enables companies to hit back with lawsuits for damages - often worth billions of euros. Under the ISDS (Investor-State Dispute Settlement) system, corporations have already sued countries for anything from introducing health warnings on cigarettes to placing a moratorium on fracking.

Fresh opposition has been voiced against a highly controversial EU policy negotiation overseen by the new Romanian EU Presidency in the coming weeks: 160 mayors, parties, trade unions and NGOs, including Corporate Europe Observatory, today wrote to the Presidency to underline their strong concerns about the ‘Services Notification Procedure’.

Coal garnered much media attention, thanks to the Polish Government and US President Trump’s support. But it was the gas industry that really stunk up the conference, its influence seeping into all corners of the negotiating halls. Luckily activists and communities were present to call industry out and demand real solutions.