A recent split ICSID Tribunal ordered Guatemala to pay over USD 68 million for failing to protect a hydroelectric project from violent protests. The decision in Energía y Renovación v. Guatemala provides key insights into the scope of the 'full protection and security' standard under international investment law. It also explores the complex balance between investor protection and human rights obligations, with significant implications for future infrastructure projects in high-risk areas.
Read more about the implications of this decision in our latest blog here.
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