The Colombian government warns that trade deals can allow international corporations to override the rights of governments in developing nations, undermining their sovereignty.
President Gustavo Petro of Colombia advocates for renegotiating trade deals to secure the policy space needed by southern countries to address climate change.
Investor-state dispute settlement (ISDS) creates a legal framework that has favored multinational corporations over national governments, reflecting neocolonial dynamics in international trade.
European countries are at a crossroads, needing to decide if they will allow southern nations the freedom to manage their own climate policies.
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