Is My Company Required to Comply with the Paris Agreement?
Nota Bene Episode 33: Congressional Check-In for Q2: Paris Agreement, Presidential Nominees, and Privacy with Elizabeth Frazee
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
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
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
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
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
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
A second Trump administration is expected to prioritize “energy dominance,” focusing on expanding oil and gas, reducing regulations, and increasing drilling, especially with Republican-led committees in Congress likely...more
Historically, trade agreements have focused on reducing barriers to trade—such as tariffs and quotas—while encouraging economic integration and growth. Environmental protection was often considered a separate issue, addressed...more
Akin is participating at COP28 and providing regular updates from the conference. COP28 - December 5, 2023 Recap - - A draft of the first Global Stocktake (GST), the document that assesses countries’ progress toward...more
The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) has commenced this week in Dubai, United Arab Emirates (UAE), and will run through December 12, 2023. The UAE is...more
According to the 2022 World Energy Outlook of the International Energy Agency, the industry sector generates 45 percent of the total direct emission from end-users and it will be extremely difficult to reach net zero without...more
Until now, however, no comprehensive estimate existed of the of that opportunity, (or, to put it another way, the size of the financing gap between committed spending and the investment needed to deliver Net Zero by 2050...more
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
The 27th iteration of the Conference of Parties (COP27) under the United Nations Framework Convention on Climate Change will take place in Sharm El Sheik, Egypt, from Nov. 6–18, 2022. The international climate gathering,...more
Last March, I took note of SB 260, a bill that would enact the California Corporate Climate Accountability Act. If enacted, the CCAA would require the State Air Resources Board to promulgate regulations requiring greenhouse...more
In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more
In recent weeks, there has been a lot written about the COP26 United Nations Annual Climate Change Conference, which was held in Glasgow, Scotland between October 31 and November 13, 2021. The central goal of the COP26...more
The U.S. Climate Finance Working Group released its February 18, 2021 policy statement, “Financing a U.S. Transition to a Sustainable Low-Carbon Economy.” The Working Group comprises eleven of America’s leading...more
Key Dates in Presidential Transition - Late November/Early December – States certify election results (deadline varies by state). - December 8 – Deadline for states to settle election disputes. - December 14 –...more
The global mining & metals sector is facing one of its most challenging transitions yet, as the industry is considering how it can best position itself to regain and maintain stakeholder confidence on ESG matters. Miners...more
The role of lenders in promoting sustainable development has received a helping hand with the issuance of the Sustainability Linked Loan Principles. The Principles provide a new industry standard for banks to incentivise...more
At the 19th National Congress of the Chinese Communist Party, President Xi Jinping asserted his country’s emerging leadership in environmental stewardship and pledged to build a “beautiful China”. In his speech to the 2,300...more