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News@lemmy.worldEnglish · 1 day ago

Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be

insideclimatenews.org

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Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be

insideclimatenews.org

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News@lemmy.worldEnglish · 1 day ago

Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be - Inside Climate News

insideclimatenews.org

Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.

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Investor-state dispute settlement, or ISDS, lets foreign companies bypass national courts and sue governments before international panels of arbitrators.

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