Trade agreements and investor protection: A global threat to public water

Satoko Kishimoto


Investor-state dispute settlement (ISDS) cases are emerging as a major threat to public water, especially in remunicipalisation cases where municipalities want to take back water into public hands after failed privatisation. ISDS is included in numerous bilateral investment treaties and is being used by water multinationals to claim exorbitant amounts of public money in compensation for cancelled service management contracts. The sole threat of an ISDS case in opaque and industry-biased international tribunals can be enough to convince a local government to stick with private water despite poor performance.

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Das ganze Buch: Our public water future: The global experience with remunicipalisation. Edited by Satoko Kishimoto, Emanuele Lobina and Olivier Petitjean. 2015


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