Extensive negotiations focused on finalizing the details of a “rulebook” for an international carbon market under Article 6 of the Paris Agreement.
By Jean-Philippe Brisson, Paul A. Davies, Sarah Fortt, Betty M. Huber, Michael Dreibelbis, and Qingyi Pan
The 27th annual Conference of Parties (COP27) of the United Nations Framework
TPT’s proposed best practice includes four elements for effective disclosure of transition plans, aligned with GFANZ’s and the ISSB’s disclosure recommendations.
By Paul A. Davies, Michael D. Green, and James Bee
On 8 November 2022, the UK’s Transition Plan Taskforce (TPT) launched a draft of its proposed Transition Plan Disclosure Framework (the TPT
The Final Report recommends five themes that financial institutions should incorporate into their net zero transition strategies.
By Paul A. Davies, Michael D. Green, and James Bee
On 1 November 2022, the Glasgow Financial Alliance for Net Zero (GFANZ) issued its Final Report on the Fundamentals, Recommendations, and Guidance for Financial Institution Net
Hong Kong’s Core Climate aims to facilitate trading of carbon credits, while the Hub plans to expedite Singapore’s ESG ecosystem growth.
By Farhana Sharmeen, Paul A. Davies, and James Bee
On 28 October 2022, the Hong Kong Exchange and Clearing Limited (HKEX) launched Core Climate, Hong Kong’s International Carbon Marketplace. The birth of
The FCA hopes the proposals will protect consumer trust in ESG-related financial products and help consumers navigate the increasingly complex ESG-related financial market.
By Paul A. Davies, Nicola Higgs, Michael D. Green, James Bee, and Anne Mainwaring
On 25 October 2022, the UK’s Financial Conduct Authority (FCA) issued a consultation paper
Three funding opportunity announcements and a finance program provide significant investments to support carbon capture and sequestration.
By Jennifer Roy, Janice Schneider, Joshua Bledsoe, and Brett Frazer
Demand for carbon capture and sequestration (CCS) to meet global and national climate goals is on the rise. The International Energy Agency (IEA) 2020 World
The National Highway Traffic Safety Administration’s updated guidance encourages auto industry suppliers and manufacturers to consider cybersecurity a top organizational priority.
By Arthur Foerster, Serrin Turner, Hadrian Luo, and De Vann Sago
On September 9, 2022, the National Highway Traffic Safety Administration (NHTSA) issued a notice of federal guidelines effective upon publication
The adopted position would mean that financial institutions fall under the remit of the regulation, requiring them to conduct additional due diligence on both established and new customers.
By JP Sweny, Michael Green, James Bee, and Vanessa McLellan
On 13 September 2022, the European Parliament voted to adopt its position in relation
The outcome of the review may signal what climate-related laws and policies to expect in the UK in the coming years.
By Paul A. Davies, Michael D. Green, and James Bee
On 8 September 2022, newly appointed UK Prime Minister Liz Truss announced that Chris Skidmore MP, a Member of Parliament and former minister
The proposal highlights the growing global focus on companies’ human rights obligations not just towards employees but also towards workers in their supply chains.
By Paul A. Davies, Michael D. Green, and James Bee
On 14 September 2022, the European Commission (the Commission) introduced a proposed Regulation (the Proposal) which seeks to ban products