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
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
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, 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
Thomas Paoletti, Managing Partner at Paoletti Law Group, provides expert opinion on ESG in the Middle East – the current situation and what still needs to be done to work towards a more sustainable future....more
“Net zero” is a topic as hot as the climate these days. With so much regulatory attention being placed on it, companies that do not communicate their net zero efforts appropriately or, worse, intentionally make false and...more
EU Value Chain Due Diligence Directive Not Endorsed - Following four years of attempting to progress and approve the Corporate Sustainability Due Diligence Directive (CSDDD), the European Council failed to give the...more
Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more
COP28 - December 11, 2023 Recap - The COP28 Presidency released the draft text of the global stocktake (GST), the agreement that will establish a path for nations to meet Paris Agreement targets, as the COP28 conference...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
Against the ambitious backdrop set by the Paris Climate Agreement to reach net-0 by 2050, there is a clear drive by corporations to move forward on their environmental, social and governance (ESG) or sustainability...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 Energy Disruptors: Unite 2022 (EDU) conference took place in Calgary recently, bringing together trailblazing "disruptors", ranging from industry leaders to institutional investors to award winning journalists and...more
The Government of Canada adopted the Canadian Net-Zero Emissions Accountability Act in 2021 that sets an aggressive emissions reduction target of 40 to 45 percent below 2005 levels and net-zero by 2050, followed by the...more
The Claims Code seeks to ensure the integrity of voluntary carbon markets to support achievement of the Paris Agreement goals. The Voluntary Carbon Markets Integrity (VCMI) Initiative is “a multi-stakeholder platform to...more
Divisional Court split on challenge against UK Export Finance’s decision to provide finance to the Mozambique LNG Project - In R (on the application of Friends of the Earth Limited) (the “Claimant”) v The Secretary of...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 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris Agreement. ...more