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- A Transparency Registry for Investor-State Disputes
A Transparency Registry for Investor-State Disputes
Financing Type | Grants |
Category | Research and similar intellectual activities |
Focus Area | Multisectoral |
Approved | 08.04.2015 |
Signed | 09.12.2015 |
Loan Administrator | OPEC Fund for International Development |
Organization | UNCITRAL |
OPEC Fund Contribution (US$m) | 0.12 |
The project aims to leverage foreign direct investments more effectively for sustainable development. Its specific objectives are to support informed decision-making by Governments of developing countries, meaningful public participation and fair outcomes in investor-State arbitrations through the establishment of a Transparency Registry. It will cover the administration and maintenance as well as day-to-day legal and operational functions of the registry by UNCITRAL for two years. The project has contributed to the following results regarding the application of the UNCITRAL Transparency Standards: 1. Entry into force of the Transparency Convention; 2. Inclusion of the Transparency Rules into Treaties; 3. Application of the Transparency Rules by agreement of the disputing parties.