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The PM's successful interactions with the Saudi prince and Iranian president is proof that Pakistan is in “safe hands”
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The PM's successful interactions with the Saudi prince and Iranian president is proof that Pakistan is in “safe hands”
EDITORIAL: SIFC (special investment facilitation council) is in the news yet again; this time for helping overcome...
Pakistan expects around $25 billion in investment from Saudi Arabia
An "explosion" of multibillion-dollar claims by fossil fuel and extractive firms through shadowy investment tribunals is blocking action on climate and nature, the UN Special Rapporteur for Human Rights and Environment has warned, with developing nations increasingly targeted."The explosion of ISDS claims in recent years, and the threat of such claims, is led by fossil fuel, mining and other extractive industry corporations," Boyd said in his report.
UN's David Boyd flags investor-State dispute settlement (ISDS) as a barrier. With fossil fuel firms using ISDS to block environmental regulations, fears mount over nations ability to drive change. Despite growing calls to regulate climate-related activities, fears of massive compensation payouts under ISDS persist, deterring stronger environmental measures. Boyd urges reform, labeling ISDS a major hurdle in the fight for climate action.