Deep-sea mining report findings threaten Pacific sovereignty

Pacific governments warned of investor-state dispute risks linked to deep-sea mining

Pacific governments could face costly investor claims if they change environmental or regulatory policies around deep-sea mining, according to a new report warning that existing investment agreements may limit countries’ ability to change course. The report, Undermining Sovereignty: De-risking the Pacific from Investor-State Disputes in Deep-Sea Mining, launched by the Pacific Network on Globalisation (PANG) Tuesday, examines how Investor-State …

Deep-sea mining report findings threaten Pacific sovereignty

Pacific governments could face costly legal challenges from foreign investors if they move to restrict or abandon deep-sea mining projects, according to a new report released by the Pacific Network on Globalisation. The report warns that Investor-State Dispute Settlement, or ISDS, mechanisms could allow mining companies to sue governments over decisions made to protect the […]