Show Notes
The ECT is an International Investment Agreement signed in 1994 shortly after the fall of the Berlin Wall and came into legal force in 1998. There was a desire/need to facilitate the development of energy resources, promote energy security and encourage economic integration in former Soviet Union countries, a collection of states met to establish a model for energy cooperation. Modernisation is incredibly important because without it will be difficult to maintain current climate goals. Today we’ll be discussing the history of the ECT, what it does, and the process of modernisation. We’ll also be giving insights into what GCE is doing with regard to the ECT.
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