The first edition of this global innovation contest, which crowdsources law to encourage green investments, has been concluded. Two standout contestants will present their ideas to policymakers in New York and Davos.

On 20 July 2018, the Stockholm Treaty Lab Jury announced its decision on the outcome of the competition. Measuring the contestant submissions against the competition criteria, the jury decided not to select a grand prize winner, but rather to commend two teams for their unique approaches to the challenge. 

Over the next few months, the innovative ideas proposed by the two standout teams will receive broad exposure at events in New York, Davos and Stockholm. Read more about the prize here.

The two commended teams are:

The Creative Disrupters

Team Innovate

Treaty on Sustainable Investment for Climate Change Mitigation and Adaptation Protocol for the Encouragement, Promotion, Facilitation and Protection of Investments in Climate Change Mitigation and Adaptation

Team members:

The team comprises international law advisers (Martin Dietrich Brauch, Nathalie Bernasconi-Osterwalder, Howard Mann, Mintewab Afework Abebe, Maria Bisila Torao Garcia, Temur Potaskaevi and Gus Van Harten), senior economists (Aaron Cosbey and Ivetta Gerasimchuk), policy advisers (Yanick Touchette, Lourdez Sanchez and Erica Petrofsky and Karin Treyer) and communications experts (Katherine Clark and Ziona Eyob).

Team members:

The core team comprises a legal academic, Jessica Howley, and international lawyers Paula Henin, Amelia Keene and Nicola Peart. 

It is supported by a team of advisors with a range of backgrounds: John Feddersen, Alexander Pfeiffer, Assaad Razzouk, Shane Spelliscy, Professor Jorge E. Viñuales, David Wei and Martijn Wilder.

Motivation of the jury:

The text contains innovative and out-of-the box ideas and strong language to promote and encourage green investments while at the same time seeking to address the risks posed by non-green investments and supporting the need for just transitions. The model by which States own the definition of sustainable and unsustainable investments is innovative.

Motivation of the jury:

The Protocol represents a commendable procedural innovation by building on existing investment treaties, while at the same time specifically encouraging green investments, including in the investment protection provisions. The text seeks to build on and support implementation of the Paris Agreement and the Sustainable Development Goals in a convincing manner.

The team’s submissions:

Introduction to the team

The model treaty

The argumentation on how the model treaty meets the criteria

The team’s submissions:

Introduction to the team

The model treaty

The argumentation on how the model treaty meets the criteria