PIL.OT / DEVELOPMENT
Climate change measures and legitimate expectations in investment arbitration
Development summary
Bálint Kovács’s article in ICSID Review - Foreign Investment Law Journal examines the relationship between investment arbitration and international climate change law, with a focus on revaluing the doctrine of legitimate expectations.
Open original publication Investment Arbitration and International Climate Change Law: Revaluing Legitimate Expectations
Research note
Issue
The application of the legitimate expectations doctrine in investment arbitration in the face of climate change measures
Why does it matter?
The article offers a focused basis for discussing how the doctrine of legitimate expectations may be read in disputes where climate policy measures collide with investor expectations.
Concepts
Academic details
“Investment Arbitration and International Climate Change Law: Revaluing Legitimate Expectations”
ICSID Review - Foreign Investment Law Journal · 2026
DOI 10.1093/icsidreview/siag007
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