Under the Energy Charter Treaty, existing investments still would remain protected for 20 years — even if there is a coordinated EU withdrawal (Photo: Tobias Scheck)

EU readies to exit 'ecocide' treaty after failed reform

Green Economy

by Elena Sánchez Nicolás, Brussels,

The European Commission is expected to present a proposal for the EU's withdrawal from the controversial Energy Carter Treaty — following a call from member states earlier this month.

"In the coming weeks, we will present concrete legal proposals for a coordinated withdrawal of the EU and Euratom from the Energy Charter Treaty," a commission spokesperson told EUobserver.

The news comes after two-years of attempts to modernise the treaty, with

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Green Economy

Author Bio

Elena is EUobserver's Managing Editor. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.

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Under the Energy Charter Treaty, existing investments still would remain protected for 20 years — even if there is a coordinated EU withdrawal (Photo: Tobias Scheck)