Ecuador referendum reinforces the country’s decision against a mechanism criticised for being asymmetric, unjust and detrimental to citizens’ rights.
Trade
Trade
Background
What is the World Bank’s International Center for the Settlement of Investment Disputes (ICSID)?
New Inside the Institutions looks at the World Bank’s International Center for the Settlement of Investment Disputes (ICSID), the main forum for Investor-to-State Dispute Settlements.
Finance
Commentary
Financial liberalisation, capital controls and development in Africa: The case of Uganda
Financial liberation has had a significant effect on Uganda’s economy opening the door for significant foreign ownership while facilitating the ongoing extraction of wealth.
Rights
Analysis
Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
Trade
Analysis
Corporate bias at the World Bank Group
This briefing finds significant bias in favour of corporations and commercial interests in the main venue for settlement of legal cases brought by corporations against governments: the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Land
News
CAO investigation: IFC-linked rubber firm project paused
An IFC-linked Vietnamese rubber plantation company agreed to temporarily suspend activities in three Cambodian plantations, but activists urged the company to cease its activities in all communities.
Trade
News
ICSID problems in the spotlight
Civil society challenges ICSID role in El Salvador mining dispute as international lawyer accuses the arbitration forum of being “seriously flawed”
Trade
Background
The future of Doing Business
Sponsors: EURODAD, International Trade Union Confederation (ITUC), International Working Group on Trade-Finance Linkages Panelists: Natalia Speer…
Rights
Background
Smart assessment: Capturing and managing human rights risks
Sponsor: Bank on Human Rights Panelists: Isabel Lavadenz-Paccieri (Former Ombudsperson for the Independent Consultation and Investigation Mechanism,…
Finance
News
Iran moves to normalise relations with World Bank
Despite initiating World Bank loan repayments , and having its status upgraded by the Bank, Iran's politicians continue to reinforce the harmful impact of sanctions on the country's economy.