European Energy Charter

Department for Energy and Climate Change written question – answered on 28th January 2015.

Alert me about debates like this

Photo of Baroness Falkner of Margravine Baroness Falkner of Margravine Liberal Democrat

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

Photo of Baroness Verma Baroness Verma The Parliamentary Under-Secretary of State for Energy and Climate Change

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.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.