International negotiators are meeting in Glasgow, Scotland, to develop solutions to the climate change threat. But one major obstacle to global sustainability is largely absent from the discussions: the investor-state dispute settlement (ISDS) system. This system gives transnational corporations the power to sue governments over actions — including policies to address climate change — that reduce the value of their foreign investments. Allowing corporations to continue to wield this power could undermine whatever agreements might be reached in Glasgow.
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