Reply to the European Commission’s public consultation on a multilateral reform of investment dispute resolution

The International Institute for Sustainable Development (IISD) criticizes the European Commission's proposed reforms to investment dispute resolution, arguing that both the Investment Court System (ICS) and the proposed Multilateral Investment Court (MIC) fail to address the fundamental flaws of the existing Investor-State Dispute Settlement (ISDS) regime.

• IISD rejects the European Commission's Investment Court System (ICS) proposal because it does not resolve the primary flaws that have caused public concern regarding Investor-State Dispute Settlement (ISDS).
• IISD opposes the establishment of a Multilateral Investment Court (MIC), asserting that such a mechanism would solidify the flawed ISDS regime and expand it to a multilateral scale.
• The European Commission's consultation process is viewed as a missed opportunity because it relied on narrow questions that avoided the core elements required for meaningful reform of investment dispute settlement.

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} }