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European Union › Climate Change › Greenhouse Gas Emissions

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
White & Case LLP

EU Paves Way for International Carbon Credits in 2040 Climate Target

White & Case LLP on

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

Latham & Watkins LLP

European Commission Consults on CBAM Extension and Announces Plans to Protect EU Exporters

Latham & Watkins LLP on

On 1 July 2025, the European Commission (Commission) released a call for evidence regarding the potential to extend the scope of the EU Carbon Border Adjustment Mechanism Regulation (CBAM) to cover certain downstream...more

A&O Shearman

EU 2040 climate target and carbon credits—what’s changing?

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Today, the European Commission proposed an amendment to the EU Climate Law reviewing the 2040 climate targets that first enshrined climate neutrality by 2050—and with it, a structural shift in how climate action will be...more

Akin Gump Strauss Hauer & Feld LLP

EU Commission Moves on CBAM Downstream Expansion and Exporter Compensation

Akin Gump Strauss Hauer & Feld LLP on

In separate developments, the European Commission (the “Commission”) opened a public consultation on the extension of the Carbon Border Adjustment Mechanism (CBAM) to downstream products and on additional anti-circumvention...more

Morgan Lewis

A German Court Goes Green? Recent Developments in German Climate Litigation

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The Higher Regional Court Hamm dismissed a Peruvian farmer’s claim against a large international energy group for damages related to climate change but acknowledged in an obiter dictum that such claims may be legally possible...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

Jones Day

The Climate Report | Second Quarter 2025

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Trump Paves Way for Coal Renaissance and Targets State Climate Change Efforts - In early April, President Trump issued several presidential actions to revive the coal industry, including rolling back environmental...more

Jones Day

Climate Resilience Under Legal Scrutiny: France's Adaptation Plan Challenged in Groundbreaking Action

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On April 7, 2025, a coalition of climate-impacted individuals and leading environmental NGOs—including Greenpeace and Notre Affaire à Tous—addressed a formal notice to the French government, challenging France's adaptation...more

Hogan Lovells

Transition Focus: 2024 in Review – transition finance and transition planning developments in the UK and Europe

Hogan Lovells on

We review 2024 developments and thought leadership in transition planning and transition finance. We reflect on the progress made in 2024 following the Transition Plan Taskforce’s publication of its Disclosure Framework in...more

White & Case LLP

Upcoming Revisions to EU Carbon Pricing and UK Linkage

White & Case LLP on

On 19 May 2025, the UK and the EU announced plans to link the EU Emissions Trading System ("ETS") with the UK ETS. Concurrently, the European Commission is preparing for a review of the EU ETS slated for 2026 by launching a...more

Bracewell LLP

Sustainable Aviation Fuel: An Overview of the Current Regulatory Landscape in the UK, EU And USA

Bracewell LLP on

We have set out below an overview of the current regulatory frameworks governing Sustainable Aviation Fuel (SAF) in the key jurisdictions of the UK, EU and USA. SAF has emerged as a critical component in the global drive...more

Jones Day

EU Parliament Supports Omnibus CBAM Changes

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While much of the focus with the Omnibus Directive has been on its amendments to CSRD and CS3D, it's important not to overlook the significant changes Omnibus proposes to make to the CBAM regime....more

Pillsbury - Gravel2Gavel Construction & Real...

Navigating the Diverging Landscape of Climate Disclosure Laws

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As the Securities and Exchange Commission (SEC) steps back from defending its March 2024 Climate Disclosure Rule, companies face growing uncertainty in navigating an increasingly fragmented and uncertain landscape of state...more

Jones Day

New Report on Taxonomy Recommends Additional Classification Criteria

Jones Day on

In parallel to the proposed “Omnibus”, which will likely revise the 2020 Taxonomy Regulation, the EU Platform on Sustainable Finance just issued a 397-page report recommending revisions to the technical screening criteria of...more

Jones Day

New Carbon Removal Certification Framework in Europe

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On November 27, 2024, the European Union ("EU") adopted Regulation (EU) 2024/3012 establishing a Union certification framework for permanent carbon removals, carbon farming, and carbon storage in products (the "Carbon Removal...more

A&O Shearman

EC guidance on technical screening criteria published

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A Commission Notice was published in the Official Journal of the European Union on the interpretation and implementation of certain legal provisions of the EU Taxonomy Environmental Delegated Act, the EU Taxonomy Climate...more

WilmerHale

The EU's Clean Industrial Deal: What Companies and Investors Need to Know

WilmerHale on

On February 26, 2025, the European Commission (the Commission) presented the Clean Industrial Deal (the Deal), an industrial strategy bringing together climate, circularity, and competitiveness. In order to foster growth and...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

DLA Piper on

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

A&O Shearman

Carbon fraud is on the rise—but so is the regulatory counteroffensive

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At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more

A&O Shearman

EU Platform on Sustainable Finance makes recommendations on the development and assessment of corporate transition plans

A&O Shearman on

The EU Platform on Sustainable Finance has published a report on the development and assessment of corporate transition plans. The PSF identifies core elements for evaluating transition plans and makes recommendations to the...more

A&O Shearman

Financial Stability Board analytical framework and toolkit to assess climate-related vulnerabilities

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The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more

Proskauer - Regulatory & Compliance

Climate Reporting in 2025: Looking Ahead

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In this alert, we reflect on recent climate reporting updates and analyze expectations for 2025 that are relevant for international businesses....more

Proskauer - Regulatory & Compliance

EU Taxonomy developments: EU Platform on Sustainable Finance call for feedback on draft report on new activities and updated...

Proskauer - Regulatory & Compliance on

On 8 January 2025, the EU Platform on Sustainable Finance (PSF) published a draft report and launched a call for feedback on proposed updates to the EU taxonomy. This includes revisions to the Climate Delegated Act and new...more

Paul Hastings LLP

Dutch Appeal Court Overturns Emissions Reduction Targets on Shell

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On April 5th, 2019, environmental activist group Milieudefensie (Friends of the Earth) Netherlands and co-plaintiffs served Shell a court summons alleging Shell’s contributions to climate change violated its duty of care...more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG: A Review of 2024 and Key Trends To Look for in 2025

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In this article, we reflect on key trends in ESG over the second half of 2024 and look ahead at trends that may emerge in 2025. We analyze developments in the latter half of 2024, which were similar to those highlighted in...more

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