International investment agreements, human rights, and environmental justice
The Texaco/Chevron lawsuit, which started inNovember 1993 and is still being litigated in 2020, is a prominent example of the process of judicialization of environmental conflict. The Ecuadorian plaintiffs claim that the oil company's operations generated ruinous impacts on the environment and...
| Autores: | , , , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | Universitat Autònoma de Barcelona |
| Repositorio: | Dipòsit Digital de Documents de la UAB |
| Idioma: | inglés |
| OAI Identifier: | oai:ddd.uab.cat:304582 |
| Acceso en línea: | https://ddd.uab.cat/record/304582 https://dx.doi.org/urn:doi:10.1093/jiel/jgaa016 |
| Access Level: | acceso abierto |
| Palabra clave: | SDG 16 - Peace, Justice and Strong Institutions SDG 3 - Good Health and Well-being |
| Sumario: | The Texaco/Chevron lawsuit, which started inNovember 1993 and is still being litigated in 2020, is a prominent example of the process of judicialization of environmental conflict. The Ecuadorian plaintiffs claim that the oil company's operations generated ruinous impacts on the environment and on the development prospects and health of nearby individuals and communities. The tortuous and lengthy judiciary process was further hindered by an arbitration process, an Investor-State Dispute Settlement mechanism nested in the Ecuador-United States Bilateral Investment Treaty. The significance of the case goes beyond the specifics of Ecuador and provides further arguments fuelling the protracted legitimacy crisis experienced by International Investment Agreements. The current praxis of Investor-State Dispute Settlement mechanisms is generating an asymmetrical system, protecting the interest of investors, and intruding into the space ofhuman and environmental rights. These issues are resonating with social movements, activist scholars and policy makers who are reacting to the vulnerabilities engendered by International Investment Agreements through multipronged strategies. These asymmetries provide ammunition to resist the signing of new International Investment Agreements, support the inclusion of human and environmental rights safeguards in International InvestmentAgreements, and contribute to the rationale of pre-empting extractive projects that are likely to produce severe environmental liabilities. Some of the potential ways in which a somewhat more level playing field can be created include, in addition to denouncing investment agreements, transforming Investor-State Dispute Settlementmechanisms towards a format that can also accommodate the complaints of affected communities or enacting moratoria on extraction projects that are prone to adverse socioenvironmental impacts. Both strategies could prove to be productive avenues towards the achievement of justice. |
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