On May 9, ESG and Law Institute Executive Director and Paul, Weiss Sustainability and ESG Advisory Practice Co-Chair Dave Curran and Paul, Weiss partners Katherine Forrest and Jonathan Ashtor co-hosted an in-person event, “Navigating AI Risk Management from an ESG Perspective,” in collaboration with Deloitte Touche at Paul, Weiss’s New York office.
The program featured
In recent years, we have seen an ever increasing number of lending transactions focused on promoting ESG in Latin America, such as green loans, social loans, sustainability loans and Sustainability-Linked Loans (“SSLs”). In this Legal Update, we focus on the role and impact of SLLs in Latin America.
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On March 24, 2023, President Andrés Manuel López Obrador introduced a bill to reform and supplement various provisions in the Mining Law (Ley de Minería), National Waters Law (Ley de Aguas Nacionales), Ecological Balance and Environmental Protection Law (Ley General del Equilibrio Ecológico y la Protección al Ambiente), and
The National Credit Union Administration (“NCUA”) has requested comment (the “RFI”) on how climate and natural disaster risks may affect federally insured credit unions, their members, and the National Credit Union Share Insurance Fund. The RFI indicates that the NCUA may use the results of the RFI to develop regulatory and
While the local and national press inundate us with articles about the dire nature of Arizona’s water supplies and questions about why people are even allowed to live in a desert, careful planning by water leaders over decades has created resilient responses to these challenges that are unmatched in the Southwest and perhaps the nation.
Conservation Programs: USDA Begins Implementation Phase of Climate-Smart Commodities Program Projects
On April 27, 2023, the U.S. Department of Agriculture (USDA) announced the beginning of the implementation phase of projects funded through the Partnerships for Climate-Smart Commodities program. With the implementation phase, USDA is launching the Partnerships for Climate-Smart Commodities Learning Network (Partnerships Network). This
Pipelines: Supreme Court Reopens Landowner Eminent Domain Case Against Mountain Valley Pipeline
On Monday, April 24, 2023, the Supreme Court granted an appeal filed by six landowners in their case brought against the Federal Energy Regulatory Commission (FERC) for a statute that has allowed private companies, like Mountain Valley Pipeline LLC, to exercise eminent domain
With the rising demand for ethical and sustainable diamonds, man made diamonds are replacing legacy mined from the earth carbon stones
On March 27, 2023, the ASEAN Taxonomy Board released Version 2 of the ASEAN Taxonomy for Sustainable Finance (the “ASEAN Taxonomy“). As we reported here, Version 1 of the ASEAN Taxonomy was first published in November 2021 and it was designed to promote the transition towards sustainable finance by the ASEAN member
On April 27, 2023, the Environmental Protection Agency (EPA) published a Proposed Rule to grant Louisiana primacy to administer and enforce the Class VI Underground Injection Control (UIC) program within its borders. EPA approval of Louisiana’s primacy application would authorize the Louisiana Department of Natural Resources (LDNR) to issue UIC permits for Class VI geologic carbon sequestration facilities and undertake compliance enforcement for such facilities located within the state. EPA has determined that Louisiana’s application meets the necessary requirements for approval and is soliciting public comments on the proposal. One of the major sticking points in EPA’s approval of Louisiana’s program has been the approach to incorporating environmental justice (EJ) into the Class VI permit process. LDNR has agreed to implement a number of EJ-focused elements into the permitting process, including robust EJ analysis and public participation.