ISDS reforms

ISDS reforms refer to changes made to the rules governing Investor-State Dispute Settlement (ISDS), a system that allows corporations to directly challenge government policies or actions through international arbitration. Reforms aim to increase transparency, accountability, and fairness by clarifying procedures, establishing clearer limits on disputes, and sometimes restricting the types of claims that can be brought forward. These changes seek to balance protecting investors’ rights with ensuring governments can regulate in the public interest without facing undue legal challenges, ultimately making the process more equitable and predictable for all parties involved.