Settling Water Disputes through International Investment Arbitration: When and by What Standards?

Settling Water Disputes through International Investment Arbitration: When and by What Standards?
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通过国际投资仲裁解决水纠纷:何时以及按什么标准?

DOI:
10.1163/24686042-12340085
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发表时间:
2022
影响因子:
0.8
通讯作者:
Hirano Miharu
Hirano Miharu
中科院分区:
--
文献类型:
--
作者:
高畑柊子;高畑 柊子;高畑柊子;馮茜;馮茜;馮茜;馮茜;馮茜;橋本彩;橋本彩;山本直毅;山本直毅;山本直毅;山本直毅;寺井里沙;TERAI Risa;平野 実晴;Hirano Miharu

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水法作为环境法的发展可能会引发投资项目纠纷,并可能诉诸国际投资仲裁。因此,国内水法和行政可以受到国际审查。本文分析了有关投资条约的规定和有关水资源管理的案例,以审查(1)水争端何时可以提交投资仲裁,(2)法庭适用什么标准来解决这些争端。这表明,投资项目的水纠纷可以广泛地纳入投资条约,但它们不会自动将水资源变成受法律保护的商品。投资仲裁通常被外国投资者用来质疑东道国根据一项适用的投资条约所采取的与水有关的措施的合法性,它也可以用来执行国内环境法。在大多数有争议的案件中,仲裁法庭将理性决策和监管一致性作为新兴的全球监管标准。
The development of water law as environmental law may trigger disputes over investment projects, which could find their way to international investment arbitration. Consequently, domestic water law and administration can be subjected to international scrutiny. This article analyses relevant investment treaty provisions and cases concerning water resources management to examine (i) when water disputes can be submitted to investment arbitration and (ii) what standards tribunals have applied to settle them. It demonstrates that water disputes over investment projects can widely be covered by investment treaties, but they do not automatically turn water resources into legally protected commodities. Investment arbitration is commonly used by foreign investors to challenge the legality of water-related measures adopted by host States under an applicable investment treaty, it can also be used to enforce domestic environmental law. In most controversial cases, arbitral tribunals applied reasoned decision-making and regulatory coherence as emerging global regulatory standards.