Investor-State Dispute Settlement (ISDS)

A mechanism that allows investors to sue governments for decisions that harm the profits of foreign direct investment. While not limited to the energy sector, this litigation system is a notable barrier preventing some governments from taking decisions to eliminate fossil fuels Fossil FuelRefers to energy materials extracted from the earth and used for burning. The three main fossil fuels are oil, fossil…Read on اقرأ المزيد . As an example, in 2018, Egypt was ordered by a private court to pay 2 billion USD in fines to a private company, because it had not provided the fossil gas Fossil GasA fossil fuel in gaseous form. The term replaces the deceptive term “natural gas”. Fossil gas consists mostly of methane.…Read on اقرأ المزيد required under a contract.