Fair and Equitable Treatment under the Energy Charter Treaty: Reassessing Investor Protection and Environmental Regulation after Modernization
This thesis examines the Energy Charter Treaty's (ECT) Fair and Equitable Treatment (FET) standard, how it was modernized in 2024, and how this modernization affects the legal position of developing and energy-exporting nations, especially those in the Caspian Sea region. The goal is to determine whether modernization broadens states' regulatory latitude to pursue the energy transition and
