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Save the Date: A low-carbon society through international law

Save the Date: A low-carbon society through international law

On 16 May 2019, the Arbitration Institute of the Stockholm Chamber of Commerce and Haga Initiative invite to a seminar that will explore how international law can contribute to creating a low carbon society.

The Paris Agreement has been successful in carving out the road ahead to address climate change. But does it incentivize enough action on the ground? What is holding green investors back from scaling up their investments? Those are the questions that will be explored in an afternoon seminar organized by the Arbitration Institute of the Stockholm Chamber of Commerce and the Haga Initiative on 16 May 2019. Experts from the private sector and government will discuss how international law could truly make a difference for climate change mitigation and adaptation. Among the confirmed speakers is the Swedish Ambassador for Climate Change, Lars Ronnås.

The seminar also aims to celebrate the conclusion of the first edition of the global innovation competition, Stockholm Treaty Lab. A representative of both winning teams will present their ideas on how to boost green investments using an instrument of international law.

 

Read the invitation here

SCC award enforced in Italy

SCC award enforced in Italy

The Rome Court of Appeal recently granted enforcement of an SCC award, declaring the award enforceable in Italy.

The Republic of Kazakhstan challenged the arbitral award claiming the investors had violated the Swedish ordre public by knowingly misleading the arbitral tribunal, withholding relevant information, and presenting false evidence. Kazakhstan also claimed that the award was not covered by a valid arbitration agreement and that the tribunal had been appointed in violation of the SCC Rules.

Having reviewed Kazakhstan’s claims, the Rome Court of Appeal concluded that they were unfounded, dismissed the parties’ objections and granted enforcement of the SCC award.

 

Read the decision of the Rome Court of Appeal (original language)

Read the unofficial translation into English

Now available: Revised Arbitration Act in English and Russian Translation

Now available: Revised Arbitration Act in English and Russian Translation

Sweden’s revised Arbitration Act entered into force on 1 March 2019. The SCC now provides English and Russian translations of the Act.

The SCC is making translations of the revised Act available for the benefit of SCC users. The English translation is provided by Swedish academic Joel Dahlquist Cullborg. The Russian translation is provided by SCC Legal Counsel Natalia Petrik.

 

SAVE THE DATE: On 20 May 2019, the SCC and the Swedish Arbitration Association will host a half-day conference to review and discuss the revised Arbitration Act and the latest developments in Swedish arbitration practice. Read more about the event here.

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