ARBITRATION OF CLIMATE CHANGE DISPUTES
On 28 November 2019, the International Chamber of Commerce Task Force on Arbitration of Climate Change Related Disputes released their Report on Resolving Climate Change Related Disputes through Arbitration and ADR (“ICC Report“). The 66-page ICC Report explores existing and anticipated climate change-related disputes and the benefits of using arbitration to resolve these. Over the last five years, major arbitral institutions have witnessed a steady increase in disputes involving climate change issues. Typically, these have been intrinsically linked to the energy transition away from traditional energy sources such as fossil fuels and coal to increased investments in... Read more