Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution
Summary
The International Institute for Sustainable Development (IISD) provides a response to the European Commission's December 2016 public consultation on reforming investment dispute resolution, specifically rejecting proposals for an Investment Court System (ICS) and a Multilateral Investment Court (MIC).
Key insights
- The International Institute for Sustainable Development (IISD) rejects the European Commission's Investment Court System (ICS) proposal, arguing that it does not resolve the primary flaws that have caused public concern regarding Investor-State Dispute Settlement (ISDS).
- IISD opposes the proposal for a Multilateral Investment Court (MIC), stating that such a body would solidify the flawed ISDS regime and expand it to a multilateral level, failing to provide a balanced alternative to the current unidirectional and exclusionist system.
- IISD criticizes the European Commission's public consultation, launched on December 21, 2016, for using narrow questions that ignored core reform elements and missing an opportunity to gather inputs in the interest of the international community and Europeans.
Cite the original document
- APA
- Program,, I. I. (2017). Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution. International Institute for Sustainable Development. https://www.iisd.org/articles/policy-analysis/reply-european-commissions-public-consultation-multilateral-reform
- Chicago
- Program,, IISD Investment. Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution. International Institute for Sustainable Development, 2017. https://www.iisd.org/articles/policy-analysis/reply-european-commissions-public-consultation-multilateral-reform.
- Wikipedia
- {{cite press release |last1=Program, |first1=IISD Investment |title=Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution |publisher=International Institute for Sustainable Development |date=16 March 2017 |url=https://www.iisd.org/articles/policy-analysis/reply-european-commissions-public-consultation-multilateral-reform |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{program2017reply, author = {Program,, IISD Investment}, title = {{Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution}}, publisher = {International Institute for Sustainable Development}, year = {2017}, month = mar, url = {https://www.iisd.org/articles/policy-analysis/reply-european-commissions-public-consultation-multilateral-reform}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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