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Energy Charter

Question for Department for Energy and Climate Change

UIN HL4319, tabled on 21 January 2015

To ask Her Majesty’s Government what assessment they have made of the effectiveness of the Energy Charter Treaty.

Answered on

28 January 2015

A key provision of the Energy Charter Treaty lies in the protection it offers to foreign energy investments. It protects foreign investors against non-commercial risks such as discriminatory treatment, direct or indirect expropriation, or the breach of individual investment contracts. It is the only multilateral Treaty providing legally binding cover for energy investment related matters. There is evidence of over sixty known investor-state disputes based on the provisions of the Treaty.

Answered by

Department for Energy and Climate Change