ISDS in action


Concerned for the poorest citizens, the Argentinian Government froze the price of water during a financial crisis - to make sure it stayed affordable for all.


In response to this, water companies (including a well-known UK business) used the ISDS system to sue the government for ‘lost profits’.


Instead of ruling that the human right to clean drinking water should come ahead of company profits, the tribunal ordered Argentina to pay out £251 million.


In Argentina it was water…

In Ecuador it was pollution and in India it was large scale tax avoidance. Whatever the issue, ISDS has a history of ruling against poor countries again and again.

But today we can work together to bring an end to this unfair system.