BUSINESSINSIDE CLIMATE NEWS
5 Takeaways From Our Investigation Into a Secretive System That Undermines Climate Action
An international arbitration system enables corporations to demand large financial payouts from governments, undermining climate action efforts. Governments have been forced to pay billions through this system, which challenges environmental protection initiatives.
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- Finland Seizes €3.7 Million in Russian Funds to Compensate Naftogaz
- Kazakhstan Allows Naftogaz to Enforce $1.4 Billion Arbitration Award Against Russia’s Gazprom
- Trafigura Awarded $92 Million in Arbitration With Zambia’s ZCCM
- Russia Joins U.S. and Iran in Voting Against UN Climate Change Resolution
- Kazakhstan Will Not Enforce $1.4Bln Naftogaz Arbitration Award Against Gazprom, Justice Minister Says
- Kazakhstan Refuses to Enforce $1.4 Billion Naftogaz Claim Against Gazprom