Welcome to the latest edition of our quarterly global supply chain horizons providing you with a update on the key developments from around the world. Cross-Border - China and the US trade deal - On June 27, the PRC...more
Publication of the new 10-year Infrastructure Strategy and 10-Year Industrial Strategy in June meant two more manifesto commitments could be ticked off before the end of the government’s first year in office. This blog...more
The UK's Climate Change Act 2008 requires the UK government to set five-year carbon budgets that cap total greenhouse gas ("GHG") emissions. The UK is currently operating within its Fourth Carbon Budget, which covers the...more
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
In welcome news for developers and stakeholders in new carbon capture, utilization, and storage (CCUS) and fossil-fueled energy transition projects, on 22 May 2025, England’s Court of Appeal dismissed an application for...more
Energy is a hot topic for this Labour government, which has an aim of clean energy by 2030. Indeed, they were quick to announce their plan to create Great British Energy, a publicly-owned energy company, and swiftly removed...more
The first U.K.-EU summit since Brexit was held in London on May 19, 2025 to reset the relationship for greater mutual benefit. An ambitious Strategic Partnership was agreed to drive progress on a renewed agenda for EU-U.K....more
In our latest round-up of developments in ESG for UK clients, we cover the following topics: North Sea Transition Taskforce Report with recommendations for the UK’s energy transition New B Corp rules unveiled Delay to...more
In early 2023, the FCA released a discussion paper seeking to encourage industry-wide dialogue on financial services firms’ sustainability-related governance, incentives, and competence. This was part of the FCA's broad...more
Discover the evolving policies and regulations of the European Union and United Kingdom, with both issuing landmark legislation in the energy storage. EUROPEAN UNION DEVELOPMENTS EU energy storage initiatives are a key part...more
The UK government’s support for onshore wind farms as part of its broader strategy to combat climate change and transition to greener renewable energy sources has fluctuated over recent years however it looks to be firmly...more
Great Britain’s Labour Prime Minister Keir Starmer has shaken up the British political scene since July 2024, including making a priority of a “Net Zero” policy regarding energy generation and use in the United Kingdom. Led...more
The scaling up of low carbon hydrogen technologies will be crucial for achieving the UK’s Net Zero target by 2050 and a sustainable energy future. Historically, hydrogen has been produced from fossil fuels and utilised across...more
Let’s face it petrolheads, one of your reasons for not joining the move to electric vehicles is your range anxiety; the risk of your vehicle running out of charge and the need to find somewhere convenient to re-charge it....more
The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more
The new UK Government has taken several recent steps in its mission to achieve security of supply of affordable clean energy. We discuss its autumn flurry of energy and infrastructure related announcements in our article New...more
UK energy and infrastructure developments have been coming thick and fast as the new Government gets its feet under the table. With the Autumn Budget headlining a flurry of announcements on energy and infrastructure policy...more
HM Treasury has published remits and recommendations for the U.K. Financial Conduct Authority and Prudential Regulation Authority, set out in a letter sent from Rachel Reeves, Chancellor of the Exchequer, to Nikhil Rathi, FCA...more
With the commitment of no less than 22 countries at COP 28 to triple global nuclear power capacity by 2050, and the UK government’s announcement in its Spring Budget that it would buy two sites for two new nuclear power...more
The decarbonisation of the built environment is likely to be on the UK Government’s agenda as it looks to make good on its commitment at COP29 to cut carbon emissions by 81% from 1990s level by 2035. How will this be...more
The Glasgow Financial Alliance for Net Zero has published a consultation paper on nature in net-zero transition plans, which supplements the guidance provided in its November 2022 financial institution net-zero transition...more
The new financing initiative aims to enhance collaboration amongst export credit agency and development finance institutions to support financing for critical mineral projects....more
In the recent case of Friends of the Earth v Secretary of State for Levelling Up, Housing & Communities & others; South Lakeland Action on Climate Change v Secretary of State for Levelling Up, Housing & Communities & others...more
We were proud to provide market-leading expertise and legal support to the secretariat of the Transition Market Finance Review. The review explores how the U.K. can become a leading market for transition finance domestically...more
The United Nations Environment Programme Finance Initiative has published a 2024 progress report produced by the Net-Zero Banking Alliance. Launched in 2021, the NZBA is a bank-led alliance of 144 banks globally voluntarily...more