Koch v. Canada Koch Industries, Inc. and Koch Supply & Trading, LP v. Canada (ICSID Case No. ARB/20/52)
United States of America
Investments in a business involved in buying and selling publicly issued emission allowances as a registered market participant in the cap-and-trade programme.
Claims arising out of the 2018 cancellation of the cap-and-trade programme by the Canadian province of Ontario and Ontario’s alleged failure to compensate the claimants for the carbon emissions allowances purchased under this programme, which were rendered worthless by the cancellation act.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Álvarez, H. C.
Bjorklund, A. K.
Zuleta, E.
30.20 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation

Direct expropriation