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Market
Number of Island States Filing Claims by 2025
4
Resolution / Starting Odds
0-5 states • 25%
6-10 states • 25%
11-15 states • 25%
Over 15 states • 25%
International legal filings and news reports
Story
UN Maritime Court Rules in Favor of Island States in Historic Climate Case on May 21
May 21, 2024, 10:54 PM
On May 21, the UN maritime court ruled in favor of nine small island states seeking increased protection of the world's oceans from catastrophic climate change. The court recognized excessive greenhouse gases as pollutants that can cause irreversible harm to the marine environment. This landmark decision could lead to wide-ranging claims for damages against polluting nations. Experts say this ruling is historic and may significantly impact future environmental policies.
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0-5 states • 25%
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More than 15 states • 25%
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6-10 states • 25%
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Less than 25 • 33%
25 to 40 • 33%
More than 40 • 33%
25-30 states • 25%
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41-49 states • 25%
All 50 states • 25%
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1-5 countries • 33%
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More than 10 countries • 34%
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0-5 states • 33%
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11+ states • 34%