Amid widespread recognition that the ECT is outdated and constitutes an obstacle to the transition to a low-carbon economy, the treaty's contracting parties started negotiations to "modernize" the treaty. Since this "modernization" process started in July 2020, the ECT Modernization Group has held 15 rounds of negotiations and reached an agreement in principle for the modernization of the treaty on June 24, 2022. If adopted, the text of the agreement will have a major impact on the energy policies of more than 50 countries for decades to come and shape the climate policy of an entire region.
This webinar aimed to do so by bringing leading experts and policy-makers together to discuss topics including the compatibility of the "modernized" ECT with the Paris Agreement, its extended scope, how the reformed investment protection standards compare to recent treaty practice, and whether a coordinated withdrawal from the treaty remains the preferred policy option.
This event is co-hosted by IISD, the Center for International Environmental Law, and ClientEarth.
Keynote:
• Lisa Sachs, Columbia Center on Sustainable Investment
Moderators:
• Helionor De Anzizu, CIEL
• Amandine Van den Berghe, ClientEarth
Speakers:
• Christina Eckes, University of Amsterdam
• Rainer Hinrichs-Rahlwes, European Renewable Energies Federation
• Cornelia Maarfield, Climate Action Network Europe
• Suzy H. Nikièma, IISD
• Brieuc Posnic, European Commission
• Nikki Reisch, Director, CIEL
• Lukas Schaugg, IISD
• Kyla Tienhaara, Queen’s University
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