A call to stakeholders to engage in the public consultation
Summary
The International Institute for Sustainable Development (IISD) is calling for public engagement in the consultation of a draft Instrument on International Investment Contracts developed by UNIDROIT and the ICC. The consultation period runs from June 24 to September 15, 2026. IISD emphasizes that the final text must move beyond aspirational language to make sustainability a core operational objective and ensure that investor protections do not undermine the right of states to regulate.
Key insights
- The UNIDROIT and ICC have released a draft Instrument on International Investment Contracts for public consultation from June 24 to September 15, 2026, marking the first time the text has been shared with stakeholders outside the project's Working Group.
- IISD identifies three critical areas requiring scrutiny in the draft: the coherence of its dual objectives, the operational nature of its sustainability provisions, and the extent to which investor protection standards maintain the right of states to regulate.
- The project, launched in 2023, seeks to modernize and standardize international investment contracts through the creation of model clauses and principles.
- IISD argues that the final Instrument should prioritize sustainability as a core operational objective and equitably distribute rights and obligations instead of adopting open-ended protections typical of investment treaties.
Cite the original document
- APA
- International Institute for Sustainable Development (2026). A call to stakeholders to engage in the public consultation. https://www.iisd.org/publications/brief/sustainable-development-unidroit-icc-investment-contracts
- Chicago
- International Institute for Sustainable Development. A call to stakeholders to engage in the public consultation. 2026. https://www.iisd.org/publications/brief/sustainable-development-unidroit-icc-investment-contracts.
- Wikipedia
- {{cite report |author=International Institute for Sustainable Development |title=A call to stakeholders to engage in the public consultation |date=2 July 2026 |url=https://www.iisd.org/publications/brief/sustainable-development-unidroit-icc-investment-contracts |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{internationalinstituteforsustainabledevelopment2026call, author = {{International Institute for Sustainable Development}}, title = {{A call to stakeholders to engage in the public consultation}}, institution = {International Institute for Sustainable Development}, year = {2026}, month = jul, url = {https://www.iisd.org/publications/brief/sustainable-development-unidroit-icc-investment-contracts}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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