Katie Chung

Nov 29, 2024 | mondaq.com | Katie Chung |Paul Stothard

Action taken by states to address climate change may bring them into conflict with foreign investors who have invested in the host state. Many states have obligations to protect foreign investments under International Investment Agreements (IIAs). Numerous IIAs, which include bilateral investment treaties (BITs) or multilateral investment treaties, exist to promote and protect investments and ensure the flow of capital, technology and know-how between state parties.