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Following 15 negotiation rounds that took place from July 2020 until June 2022, the failure of the modernisation of the Energy Charter Tretay became a fact. Several EU countries announced their withdrawal. The next step is to withdraw the EU/EURATOM and to develop an intra-EU agreement to cancel the sunset clause that extends the protection of foreign investment in the energy sector by 20 years after the withdrawal becomes effective.
Greening Europe’s homes and public spaces is a crucial element of the EU’s strategy towards climate neutrality, and one of the pillars of the European Green Deal. But to achieve its goals, the EU will need to come up with a comprehensive strategy for energy and resource efficiency while also ensuring that sustainable homes become an affordable solution for all citizens.
Sufficiency policies are a set of measures and daily practices that avoid the demand for energy, materials, land, water, and other natural resources over the lifecycle of buildings and goods while delivering wellbeing for all within planetary boundaries.
The Energy Charter Treaty (ECT) is a multilateral investment agreement solely dedicated to protecting foreign investments in energy supply. By January 2020, the Treaty has been ratified by 53 countries and the European Union/Euratom. Under the ECT regime, foreign investors can sue host States through arbitration tribunals, typically, composed of party-appointed private lawyers.
The Energy Charter Treaty (ECT) is a multilateral investment agreement solely dedicated to protecting foreign investments in energy supply. By January 2020, the Treaty has been ratified by 53 countries and the European Union/Euratom. Under the ECT regime, foreign investors can sue host States through arbitration tribunals, typically, composed of party-appointed private lawyers.
