Lukas Schaugg: "The Energy Charter Treaty hinders climate action"
The Energy Charter Treaty (ECT), established decades ago to facilitate energy investments in Europe and Central Asia, is now being challenged and accused of protecting investments in fossil fuels. Faced with the failure of the reform processes undertaken so far, several European countries, notably France and Germany, have decided to exit the ECT. However, the treaty is trying to expand to Africa as new oil and gas fields are discovered on the continent. In this interview, Lukas Schaugg, International Law Analyst at the International Institute for Sustainable Development (IISD), describes the challenges of the ECT in the face of the climate emergency.