Stockholm Treaty Lab
Stockholm Treaty Lab is a global innovation competition which crowdsources law for a better climate. The competition was initiated 2017 by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) and was concluded in 2018. Take a look at the inspirational process from start to finish on how international law can contribute to achieving the climate change mitigation and adaptation targets.
Innovators from around the globe join Stockholm Treaty Lab
Stockholm Treaty Lab is a global innovation competition which crowdsources law for a better climate, initiated by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC). The 2017/2018 edition of the competition opened in 2017. Through a collaboration with HeroX, the crowdsourcing platform, the competition attracted innovators from all corners of the world.
By the close of registration, 43 teams had registered to compete at this crowdsourcing challenge, representing some 270 innovators from four continents and more than 25 countries. See the Innovator Map here.
Participants included not only lawyers, but also environmental scientists, policy advisers, entrepreneurs, climate diplomats, and experts in energy investment and sustainable finance. See the story of some of the contestants here and here.
The competition process
The deadline for submissions to the contest passed on 28 February 2018. A total of 22 teams from around the world submitted entries, including their proposed texts for a model treaty seeking to generate and protect green investments. See the news here.
The jury did not decide on a sole prize winner but decided to commend two teams for their unique approaches to the challenge. See this page. As the prize, the commended teams are given the chance to present their ideas in various global forums.
Stockholm Treaty Lab runner-up in Financial Times award
For its initiative the Stockholm Treaty Lab, the SCC made it number two in Innovative Lawyers Awards 2017, an annual award given by the Financial Times. The awards were presented at a gala dinner in London on 4 October 2017, where Stockholm Treaty Lab was also mentioned as “standout” within the category of Rule of Law and Access to Justice.
STOCKHOLM TREATY LAB TOUR TO VARIOUS GLOBAL FORUMS:
Stockholm Treaty Lab celebrated in New York
At the New York conference organized by Columbia University’s Center on Sustainable Investment, the two commended teams presented the main ideas behind their model treaties to an audience of investment law specialists, academics and state representatives.
Stockholm Treaty Lab at the Paris Peace Forum
An initiative of French President Emmanuel Macron, the Paris Peace Forum is an annual event that brings together actors of global governance to strengthen multilateralism and international cooperation. SCC Secretary General Annette Magnusson and SCC Legal Counsels Anja Havedal Ipp and Sukma Andrina presented Stockholm Treaty Lab at the Forum as a potential solution in the environment category. See the news here.
Stockholm Treaty Lab at COP 24
The SCC and the Stockholm Treaty Lab took part in International Chamber of Commerce’s Business and Industry Day at COP 24. Representatives of the commended teams, Lourdes Sanchez from the Creative Disrupters and Amelia Keene from Team Innovate shared the main ideas behind their model treaties.