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The United States is broadening the scope and diversity of its energy mix at a rate and to an extent not seen in a century, if ever. The changes underway provide both important opportunities and critical challenges for owners seeking to repurpose existing assets in a market governed by overlapping federal, state and local regulations.

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 General Law for the Prevention

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 reporting requirements and supervisory

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