SCC invites to Energy Charter Treaty Forum in Stockholm
Rising demand of energy investments and developments of international arbitration under the Energy Charter Treaty are some of the starting points of the Energy Charter Treaty Forum taking place in Stockholm on 8 February 2016.
The Energy Charter Treaty (ECT) is an international agreement based on a strengthened rule of law in the energy sector. It provides a platform for multilateral energy cooperation, designed to achieve energy security by promoting energy investments
Financial institutions, international organizations, energy companies, arbitration institutes, law firms, business and academia are represented among as speakers, discussing:
- International cooperation promoting access to energy and energy investments
- The role of the ECT in the financing and insurance of energy investments
- Non-discrimination in the establishment of energy investment
- settlement of investment dispute under the ECT
“The ECT is an international legal instrument for reducing barriers and risks in relation to energy investments. It is an instrument that benefits both investors, financial institutions and host states by strengthening sustainable energy investment and market confidence at the domestic and international level. By getting together stakeholders from different areas, we hope for a constructive discussion about this often complicated issue” says Matteo Barra, investment expert at the Energy Charter Secretariat.
The Energy Charter Secretariat is the standing body based in Brussels assisting the governments of the 54 contracting and observer countries in the implementation of the Energy Charter Treaty.
SCC Secretary General Annette Magnusson continues:
“A large part of the cases administered every year by the SCC are energy-related. To meet the world’s increasing energy needs, we need to raise awareness of how to promote sustainable energy investments, but also of investment arbitration as an efficient and effective dispute resolution mechanism.”
The ECT Forum is organized by the SCC, in collaboration with the Energy Charter Secretariat, the International Center for Settlement of Investment Disputes (ICSID) and the Permanent Court of Arbitration (PCA).
The conference will be followed by a cocktail reception sponsored by Magnusson.