abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

The content is also available in the following languages: 日本語


17 Oct 2022

EU: Germany, France, Spain, Poland & Netherlands to exit Energy Charter Treaty; CSOs welcome announcement & urge other EU countries to withdraw

In October 2022, France became the fourth country this year to announce its exit from the Energy Charter Treaty (ECT), an international agreement that protects the investments of energy companies, over climate concerns. Spain and the Netherlands had previously confirmed their intention to withdraw, the Polish lower chamber of Parliament voted to formally leave the treaty last month. Italy withdrew from the controversial treaty in 2016.

In November 2022, Germany also announced its intention to leave the Treaty.

Climate campaigners are urging governments and the EU to reject the ECT, which investors in the bloc have been using to challenge decisions by EU countries to phase out fossil fuels. The EU has been negotiating on behalf on its member states to reform the ECT, with a preliminary deal announced in June, however this effort to "modernise" the treaty has been criticised as insufficient.