Environmental Concerns
The environmental impact of global extraction activities adds another layer to arbitral considerations. Tribunals are increasingly tasked with addressing the ecological consequences of resource exploitation and ensuring that awards reflect a commitment to sustainability.
Human Rights and Indigenous Communities:
Protecting the rights of indigenous communities affected by extraction activities is a pressing concern. Arbitral reasoning plays a pivotal role in determining the extent to which international human rights norms and obligations are considered in resolving disputes.
Transparency and Accountability
The call for greater transparency in arbitration proceedings is growing louder. Stakeholders advocate for more accessible arbitral reasoning to enhance accountability and foster public trust in the resolution process.