The UK has signed a trade agreement with Canada which could give fossil fuel companies the power to sue governments for taking action on the climate emergency.
These corporate courts are an obstacle to a clean energy transition and to achieving climate justice.
The corporate courts clauses in the UK-Canada deal are currently suspended until they’ve been reviewed. At the moment, the government hopes that review can happen behind closed doors and be a bit of a formality. We have three months from the start of April to change that.
Nearly three quarters of mining companies globally are headquartered in Canada, and nearly half of all investment in mining goes through the Toronto Stock Exchange. Canadian mining and energy companies are active in corporate courts, suing governments for action on climate change.
We need to call for corporate courts to be dropped in the UK-Canada trade deal and the first step is to ensure that the review is done transparently. Email the trade minister, Liz Truss, to ask for a public consultation.
For more background see our briefing: Climate injustice: how corporate courts block climate action