Subject	Predicate	Object
dP9FNOIB	a	Resource
		Answer
		Written answer
	answer has question	Zht8F3Qp
	answer has answering person	Graham Charles Stuart
	answer text	<p>The modernised Energy Charter Treaty reaffirms and strengthens Contracting Parties' right to introduce measures for legitimate policy objectives, including to mitigate climate change. It extends the Treaty scope to protect investments in green technologies required for the global energy transition and allow Contracting Parties to phase-out their investment protection for fossil fuels, which the UK opted to do in line with our decarbonisation target.</p><p> </p><p>At the Energy Charter Conference on 22 November, the decision to adopt the modernised Treaty was postponed. The UK will continue to monitor the situation surrounding the modernisation process, including positions taken by other Contracting Parties.</p>
	answer given date	2023-01-12
	answer has answering body	Department for Business, Energy and Industrial Strategy
	written answer has answering body	Department for Business, Energy and Industrial Strategy
Department for Business, Energy and Industrial Strategy	answering body has written answer	dP9FNOIB
Department for Business, Energy and Industrial Strategy	answering body has answer	dP9FNOIB
Zht8F3Qp	question has answer	dP9FNOIB
Graham Charles Stuart	answering person has answer	dP9FNOIB