News & Analysis as of

Paris Agreement Greenhouse Gas Emissions

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

Carey Olsen

Renewable Energies guide Bermuda (Legal 500)

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This chapter provides information about the current issues affecting renewable energy in Bermuda and addresses topics such as key regulators, government incentive schemes, key contracts, foreign investment, COP26 as well as...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

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

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

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

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

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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

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

White & Case LLP

US Withdrawal from the Paris Agreement: Impact and Next Steps - 2025 Update

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Citing potential economic damage and unfair burdens, President Trump signed an Executive Order that starts the process of withdrawing the United States from the Paris Agreement. The Paris Agreement is an international...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

Hogan Lovells

Key issues at stake in the International Court of Justice climate change case

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An island nation has brought a landmark climate change case at the International Court of Justice (ICJ). This represents a pivotal moment in international law and environmental governance. The case, initiated through a UN...more

Morgan Lewis

COP29: Pathway to a Global Carbon Market

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The Conference of the Parties (COP), the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Convention on Climate Change (UNFCCC), has just wrapped up its meetings...more

Mayer Brown

Key Outcomes of COP-29 and Expectations for COP-30

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The 29th Session of the UN Conference of the Parties to the UN Framework Convention on Climate Change (COP-29) concluded on November 22, and COP-30 is now in sight. In this Legal Update, we discuss some of the key results of...more

White & Case LLP

COP 29: a global carbon market in the making

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The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change ('UNFCCC') ('COP29') adopted decisions on Article 6 of the Paris Agreement. After nearly a decade of negotiations, the outcome of...more

Flaster Greenberg PC

The West Pays So China Can Pollute

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The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) ended at 2:40 am local time in Baku, Azerbaijan on Saturday, with the nations involved finally reaching agreement to provide...more

McDermott Will & Emery

#BakuBreakthrough? COP29 Sets a $300 Billion Goal as Part of a $1.3 Trillion Climate Finance Ambition

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As we have previously reported over the last two weeks, the 29th Annual United Nations (UN) Climate Change Conference (COP29) focused heavily on climate finance and implementing key strategies for global emissions reduction,...more

Akin Gump Strauss Hauer & Feld LLP

Calling-in from COP29: What You Missed and What Comes Next

World leaders, scientists, government decision-makers, private sector actors, climate actionists and other stakeholders have convened at 29th Conference of the Parties (COP29) to the United Nations Framework Convention on...more

Mayer Brown

COP-29: Progress in the Operationalization of the International Carbon Credit Market

Mayer Brown on

On November 11, 2024, one of the first substantive outcomes of the 29th Session of the UN Conference of the Parties to the UN Framework Convention on Climate Change (COP29) was approved. The President of COP19 introduced a...more

McDermott Will & Emery

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

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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 & Emery

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

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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

McDermott Will & Emery

COP29 Day Two: The US Continues to “Work Together With Global Partners To Be Successful in Outcomes That Keep 1.5 Alive”

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Day two of the 29th Annual United Nations Climate Change Conference (COP29) saw the US Special Presidential Envoy for Climate make its first post-election statements in Baku....more

Paul Hastings LLP

COP 29: Parties at UN Climate Summit Agree on Standards to Launch Global Carbon Market

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In an effort to advance a global carbon market, the parties to COP 29 — the United Nations climate conference hosted by Azerbaijan this year — approved important standards for such a market to be developed under Article 6.4...more

Bracewell LLP

PRG Pulse 2024 Post-Election Analysis: Energy and Environmental Policy

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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

BCLP

COP29: What Can We Expect?

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The 29th Conference of the Parties (“COP29”) of the UN Framework Convention on Climate Change (“UNFCC”) is set to take place in Baku, Azerbaijan, from 11 to 22 November 2024. This is the first in a series of posts BCLP’s...more

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