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Fossil energy giants use ICSID tribunal against green transition
The International Center for Settlement of Foreign Investment Disputes (ICSID), the so-called ICSID tribunal in Washington, attached to the World Bank, has in recent years become the preferred tool of fossil energy giants through which they block the green transition policies of the European Union member states, say journalists from the European investigative website Follow The Money in an investigation published yesterday.
The International Center for Settlement of Foreign Investment Disputes (ICSID), the so-called ICSID tribunal in Washington, attached to the World Bank, has in recent years become the preferred tool of fossil energy giants through which they block the green transition policies of the European Union member states, say journalists from the European investigative website Follow The Money in an investigation published yesterday.
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