News & Analysis as of

Carbon Emissions Funding Climate Change

BCLP

The Race to Net-Zero: Who Holds the Key to Unlocking Billions of Further Carbon Funding?

BCLP on

The global carbon credit market is enormous – it is valued between a range in the hundreds of billions to trillions U.S. dollars - and split between two distinct markets, compliance (regulated) and voluntary...more

McDermott Will & Schulte

COP29 Week One: Conference Is Told “Parties Must Remember That the Clock Is Ticking” as They Struggle To Make Progress on How To...

McDermott Will & Schulte on

The previous annual finance goal (the New Collective Quantified Goal (NCGC)) of $100 billion expires this year. However, wealthy countries only met the pledge in full starting in 2022. Negotiation teams are working on draft...more

McDermott Will & Schulte

COP29 Day Three: Progress Is Made Toward Tripling Nuclear Capacity by 2050 as Cracks Appear Within Funding Models

McDermott Will & Schulte on

Day three of the 29th Annual United Nations Climate Change Conference COP29 saw the end of the first part of the high-level segment for heads of state and other global leaders in Baku as well as the announcement of...more

Jones Day

Germany Launches EUR 50 Billion Funding Program for Decarbonization of Heavy Industry

Jones Day on

Germany has launched a massive EUR 50 billion funding program to support energy-intensive industries such as steel, chemical, and cement to become climate-neutral. The program offers considerable financial support for...more

White & Case LLP

(Carbon) Contracts for Difference – New Funding Program for Companies

White & Case LLP on

Germany has finally published draft guidance on the long-awaited (Carbon) Contracts for Difference (or "CfD"). The first CfDs, previously announced in the European1 and German National2 Hydrogen Strategies of 2020, are...more

Latham & Watkins LLP

COP27: Overview and Key Takeaways

Latham & Watkins LLP on

Establishment of the loss and damage fund and development in Article 6 of the Paris Agreement were among the major developments in this year’s conference. On November 20, 2022, the 27th annual Conference of Parties...more

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