Third-Party Funding in ISDS: Implications for Access to Justice in Environmental Disputes
Article from: TDM 1 (2024), in Climate Change
Abstract
Third-party funding (TPF) has become a way of doing business, as a funding mechanism for primarily indigent litigants or litigants aiming to preserve their business capital while pursuing a dispute and as an investment mechanism for law firms with a diverse case portfolio as well. International institutions deliberating on dispute resolution mechanisms and strategies have been evincing interest in discussing TPF in international arbitration. To that extent, this research is premised upon the proposition that TPF serves the cause of access to justice, and it would serve the cause ...