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BEGIN:VEVENT
DTSTAMP:20260421T122807Z
DTSTART;VALUE=DATE-TIME:20211008T130000
DTEND;VALUE=DATE-TIME:20211008T143000
SUMMARY:Gold Before Water? Reflections on the Eco Oro v Colombia Award
TZID:Europe/London
UID:20211008-8a17841a7b77d8a1017c27b369720925@warwick.ac.uk
CREATED:20211004T084425Z
DESCRIPTION:About the Event On 9 September 2021\, an arbitral tribunal co
 nstituted under the ICSID Convention rendered its award in Eco Oro Miner
 als Corp v The Republic of Colombia (ICSID Case No. ARB/16/41). The case
  involved gold mining activities in the vicinity of the páramo of Santur
 ban\, a fragile wetland ecosystem that provides fresh drinking water to 
 millions of Colombians. Local communities protesting against mining acti
 vities in the region have long demanded ‘water before gold’. After minin
 g was banned in Eco Oro’s concession area to protect the ecosystem pursu
 ant to a Colombian Constitutional Court decision\, the mining company fi
 led an investment treaty claim under the Colombia-Canada FTA seeking com
 pensation. Despite the presence of an environmental exception in the tre
 aty\, majority of the tribunal held that Colombia’s treatment of Eco Oro
  breached the minimum standard of treatment incorporated in the Colombia
 -Canada FTA. The tribunal held that Colombia’s actions regarding the min
 ing concession located close to the páramo of Santurban were grossly inc
 onsistent and unpredictable\, and as such they violated the investor’s l
 egitimate expectations. The decision already attracted criticism from ma
 instream and critical investment law scholars. This rapid response event
 \, co-organised by Essex Business and Human Rights Project \, GLOBE Cent
 re Warwick and The IEL Collective brings together experts to discuss the
  award and its broader implications for local communities and the invest
 ment treaty system. Discussants: Dr Lorenzo Cotula\, Principal Researche
 r\, International Institute for Environment and Development Dr Jean Ho\,
  Associate Professor\, Faculty of Law\, national University of Singapore
  Professor David Schneiderman\, Faculty of Law\, University of Toronto D
 r Jimena Sierra\, Osgoode Catalyst Fellow\, University of York\, and Adj
 unct Lecturer in Law\, faculty of Law\, University of Rosario Professor 
 M Sornarajah\, Faculty of Law\, National University of Singapore Moderat
 or: Dr Anil Yilmaz Vastardis\, Senior Lecturer\, University of Essex Reg
 ister in advance for this meeting here (via Zoom) After registering\, yo
 u will receive a confirmation email containing information about joining
  the meeting.
LOCATION:Zoom (see event details for how to register)
CATEGORIES:business and human rights,transnational corporation,arbitratio
 n,international economic law,investment law,case notes
LAST-MODIFIED:20211004T084425Z
ORGANIZER;CN=Celine Tan:
END:VEVENT
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