The sheer size and scope of corporate power, when compared to nation states, can be difficult to comprehend. Research shows that 63 per cent of the top 175 global economic entities are transnational corporations, not countries.

Up until now, the ability to sue corporations for human rights violations and environmental damage has depended on national governments’ capacities, political will, and resources to pay the exorbitant amounts of money to sustain such international lawsuits, to hold corporations accountable and demand compensation.

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