The Energy Charter Treaty (“ECT”) is a multi-national agreement that entered into force in 1998. It is designed to establish an international framework for cooperation in the energy industry, with a focus on the Eurasian energy market. It focuses on facilitating trade, protecting investments and managing disputes.
Only recently, there have been several new developments regarding the ECT. Many European countries like Spain have been sued from investors for their solar energy reforms. A few weeks ago, it became known that Italy is withdrawing from the ECT.
Curious about more detailed information and further recent developments? Then the attached short presentation is exactly what you need.
By Edward Poulton, Steve Abraham, Ekaterina Finkel, Richard Allen and Benjamin Levitt.