Dr. Thomas Lehmann - From Protection to Transition: Investment Arbitration and the Climate Challenge
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As the world accelerates its transition to net zero, investment arbitration stands at a crossroads. In this episode, Vincent and Yağmur speak with Dr. Thomas Lehmann about how treaties originally drafted to protect foreign investors are now being tested against states’ environmental and climate obligations. From the Vattenfall v. Germany dispute over nuclear energy to the ICJ’s 2025 advisory opinion and the wave of Energy Charter Treaty withdrawals, we explore whether investment arbitration is genuinely transforming or simply adapting at the edges of global climate governance.
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