Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be

Photo caption: Shop vendors protest a foreign consortium’s sharp increase in water rates in Cochabamba, Bolivia, on Feb. 5, 2000. […] Photo credit: Gonzalo Espinoza / AFP via Getty Images. Article by Katie Surma and Nicholas Kusnetz. Inside Climate News – December 22, 2024. 

Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.

In January 2000, thousands of Bolivians flooded into the streets of the city of Cochabamba. The region’s water services had just been privatized and sold to an American-led consortium, which hiked rates sharply. The protests roiled the country for months and forced the […]

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