Modernisation of the Energy Charter Treaty (ECT)

by name voted on 24.11.2022

Summary

The European Parliament criticizes the failed modernisation of the Energy Charter Treaty and calls for a coordinated EU exit to protect climate goals.

9 24.11.2022

Other

energy

economy

justice

environment

international relations

Key points

The Energy Charter Treaty is viewed as an outdated instrument that acts as an obstacle to the energy transition.
The ISDS mechanism allows investors to challenge state actions taken for environmental or climate protection.
Under the proposed modernisation, most new investments in fossil fuels are expected to lose their protection starting from mid-August 2023.
Several EU Member States have already announced their intention to withdraw from the treaty.

Vote

PPE

S&D

Renew

Verts/ALE

ID

ECR

NI

The Left

Total

Documents (PDFs)

MOTION FOR A RESOLUTION on the outcome of the modernisation of the Energy Charter Treaty MOTION FOR A RESOLUTION on the outcome of the modernisation of the Energy Charter Treaty MOTION FOR A RESOLUTION on the outcome of the modernisation of the Energy Charter Treaty MOTION FOR A RESOLUTION on the outcome of the modernisation of the Energy Charter Treaty MOTION FOR A RESOLUTION on the outcome of the modernisation of the Energy Charter Treaty Outcome of the modernisation of the Energy Charter Treaty

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