News & Analysis as of

Climate Change Paris Agreement

Hogan Lovells

How significant for businesses is the International Court of Justice’s 2025 Advisory Opinion on climate change?

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On 23 July 2025, the International Court of Justice (the “ICJ”), the highest judicial body of the United Nations, issued its long anticipated Advisory Opinion on climate change (the “Advisory Opinion”). ...more

ArentFox Schiff

How the ICJ Climate Change Advisory Opinion Raises Global Legal and Compliance Risks for Multinational Corporations

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The climate debate has whipsawed in recent years. Businesses frequently have been caught in the middle, with stakeholders including government regulators, activist investors, consumers, non-governmental organizations, and...more

Goldberg Segalla

What in the World?! ICJ Issues Landmark Opinion on Climate Change

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In a unanimous decision on July 23, 2025, the fifteen judges on the United Nations’ International Court of Justice (“ICJ”), also known as the “World Court,” concluded that the production and consumption of fossil fuels “may...more

Pillsbury Winthrop Shaw Pittman LLP

New International Court of Justice Advisory Opinion Raises Global Liability Stakes Around GHG Emissions and Climate Change amid...

The Opinion interprets member states’ responsibilities under treaty and customary international law. In a sweeping and landmark declaration, the Opinion advises that member states have a duty to reduce emissions, regulate...more

Jones Day

ICJ Issues Advisory Opinion on States' Legal Obligations Regarding Climate Change

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The International Court of Justice ("ICJ") stated that States have legal obligations to regulate emissions and may be held internationally responsible for climate inaction—including the failure to effectively regulate...more

White & Case LLP

EU Paves Way for International Carbon Credits in 2040 Climate Target

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On 2 July 2025, the European Commission introduced its 2040 climate target of reducing greenhouse gas (GHG) emissions by 90% compared to 1990 levels. One of the key features of this strategy is the possibility to introduce...more

Wenning Environmental

Science-Based Targets In Law Are More Important Than Ever

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Science-based targets (SBTs) rely on scientific facts to achieve specific conditions or outcomes. SBTs reflect the best available science and set goals intended to prevent human activities from harming the environment....more

DLA Piper

All Eyes on Carbon Markets Amid Belated Progress and Domestic Challenges

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Trading in greenhouse gas (GHG) emissions and reductions has long been touted as a way of leveraging market forces to tackle climate change in the most cost-effective manner, and 2025 may put that theory to the test amid...more

K&L Gates LLP

March 2025 ESG Policy Update—Australia

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Australian Update - Resistance to Australian Securities Exchange Corporate Governance Council’s Diversity Reforms Signals Decline in Environment, Social and Governance Commitment - The recent decision by the Australian...more

A&O Shearman

EU Platform on Sustainable Finance publishes updated handbook on climate transition and Paris-aligned benchmarks

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The Platform on Sustainable Finance, an advisory body to the European Commission (EC) has published an updated version of its handbook on Climate Transition Benchmarks and Paris-Aligned Benchmarks (version 2), and has also...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

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US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Alston & Bird

President Trump’s Executive Orders on the Environment

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Our Environment, Land Use & Natural Resources Group rounds up President Trump’s initial volley of Executive Orders focusing on the environment and energy....more

Akin Gump Strauss Hauer & Feld LLP

Putting America First in International Environmental Agreements (Trump EO Tracker)

The United States Ambassador to the United Nations shall immediately withdraw from the Paris Agreement under the United Nations Framework Convention on Climate Change. The Secretaries of State and Commerce and heads of other...more

Akin Gump Strauss Hauer & Feld LLP

U.S. Submits Withdrawal from the Paris Agreement: Potential Implications?

The Withdrawal - The United States’ Acting Ambassador to the United Nations (U.N.) submitted a notification of withdrawal from the Paris Agreement on January 27, 2025, which is set to become effective one year after...more

Holland & Knight LLP

Executive Order: Putting America First in International Environmental Agreements

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Date Issued: Jan. 20, 2025 This executive order directs the U.S. to formally withdraw from the Paris Climate Agreement and any related agreements or pacts under the United Nations Framework Convention on Climate Change...more

Bracewell LLP

US Withdrawal From the Paris Climate Accord and its Impact on the Voluntary Carbon Market

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On January 20, 2025, President Donald Trump issued a series of executive orders on energy and environmental topics that included initiating a US withdrawal from the Paris Climate Accords, a move consistent with his previous...more

Allen Matkins

California Environmental Law & Policy Update 1.31.25

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The Trump administration has asked the U.S. Supreme Court to pause its review of a case involving California’s stricter vehicle emissions and electric vehicle standards. Acting Solicitor General Sarah Harris filed the request...more

Goodwin

Environmental Regulations and Climate Initiatives: A Targeted Rollback

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During the first week of his second term, President Trump issued a slew of executive orders (EOs) and presidential memorandums that directly target environmental and climate initiatives addressed by previous administrations....more

Jenner & Block

Client Alert: Key Energy and Environmental Takeaways from Trump’s Early Executive Orders

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In his first week in office, President Trump issued a series of executive orders that touched on energy and the environment. These orders are likely to significantly alter the makeup and actions of the executive branch for...more

DLA Piper

Horizon ESG Regulatory News and Trends - January 2025

DLA Piper on

US exits Paris Agreement after submitting Nationally Determined Contributions. In mid-December, the Biden Administration announced it submitted the US target under the Paris Agreement: cutting net carbon emissions by 61 to 66...more

BCLP

Energy Policies Revisited: Trump’s Executive Orders

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In a flurry of activity, newly elected President Donald J. Trump issued a series of Executive Orders immediately after his inauguration on January 20, 2025. This article will discuss eight of these documents that directly...more

Morgan Lewis

Executive Order Withdraws United States from International Climate Commitments and Finance Initiatives

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On January 20, US President Trump issued an executive order, “Putting America First in International Environmental Agreements,” withdrawing the United States from the Paris Agreement and other climate-related financial...more

Foley & Lardner LLP

Incoming Environmental Protection Agency (EPA) Personnel and Impact on Enforcement

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To nobody’s surprise, it is already evident that President Trump’s second term will mark a significant shift in environmental regulation and policy from the Biden Administration. This article marks the first in a where we...more

Foley Hoag LLP - Energy & Climate Counsel

A Fossil-Forward U.S. Energy Policy Begins to Take Shape under Trump

President Trump began his second term by issuing a barrage of executive orders, memoranda, and other directives, many of which targeted U.S. energy policy and the federal employees who implement it. Trump had campaigned on...more

Snell & Wilmer

Trump II: The Green New Repeal

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To no one’s surprise, on January 20, 2025, only hours into his second term, President Donald Trump signed the following executive orders impacting environmental and energy policies: 1.Declaring a National Energy Emergency...more

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