Environment, Land & Resources

Tag Archives: climate change

EU Commissioner for Climate Action and Energy Highlights Opportunities for Financing New Economy*

Transparency regarding mitigation and financing rules likely to be key hurdles to overcome in achieving climate goals. By Rosa Espin, Paul Davies, and Michael Green The European Commissioner for Climate Action and Energy, Miguel Arias Cañete, recently commented on momentum in the European Union (EU) regarding climate change and the action that countries across the … Continue Reading

Governor Cuomo Announces Ambitious Clean Energy Agenda for New York

By Tommy Beaudreau, Janice Schneider, and David Amerikaner New York Governor Andrew Cuomo released the 2018 Clean Energy Jobs and Climate Agenda last week as the 20th proposal of his 2018 State of the State address. The far-reaching proposal charts a path forward for further progress in advancing clean energy in New York this year, … Continue Reading

Climate Action 100+: Global Investors Continue Focus on Climate Change Disclosure

By Joshua Bledsoe, Sara Orr, and Bobbi-Jo Dobush Major investors with collective control of more than US$26.3 trillion are continuing to push for an increase in public companies’ governance, oversight, and disclosure of climate-related risk. Unveiled on December 12, 2017 at the One Planet Summit in Paris, the Climate Action 100+ is designed to promote the … Continue Reading

Land Use Sector and CEQA Projects Targeted for Greenhouse Gas Reductions in Proposed Scoping Plan Update

By Marc Campopiano and Shannon Cheng A proposed Scoping Plan Update released by the California Air Resources Board (ARB) targets the land use sector and development projects for greenhouse gas (GHG) reductions. The proposed update was spurred by the passage of Senate Bill (SB) 32 and Assembly Bill (AB) 398, which codified California’s goal of reducing … Continue Reading

German Court Will Take Evidence in Groundbreaking Climate Change Case

By Joern Kassow and Patrick Braasch Latham has previously written about the Lliuya v. RWE AG case, in which a Peruvian farmer has sought damages from German energy giant RWE for climate change effects in his home country. The Higher Regional Court of Hamm indicated during oral hearings that it would likely proceed to take … Continue Reading

German Energy Giant May Be Directly Liable for Climate Change Impact

By Jörn Kassow and Patrick Braasch A German appeals court has indicated in a groundbreaking civil action that major CO2 producers may be directly liable for global environmental damage caused by climate change. Mr Saúl Luciano Lliuya, a Peruvian farmer, has alleged that RWE AG, Germany’s second-largest electricity producer, is responsible for the impact of … Continue Reading

European Commission Emphasises Environmental Issues in 2018 Work Programme

By Michael Green and Paul Davies Following decision C(2017)7124 of the European Commission (EC), the EC has launched its Work Programme for 2018 (WP 2018). WP 2018 outlines plans for achieving the EC’s primary policy objectives during the next 12 months — with particular attention to environmental issues. WP 2018 outlines four “Focus Areas” (FAs) … Continue Reading

President Xi Jinping Pledges Sustainable Development to Build a “Beautiful China”

By Paul Davies, Bridget Rose Reineking and Andrew Westgate At the 19th National Congress of the Chinese Communist Party, President Xi Jinping asserted his country’s emerging leadership in environmental stewardship and pledged to build a “beautiful China”. In his speech to the 2,300 delegates and guests assembled for the Congress’s opening session, President Xi lauded China’s … Continue Reading

Portuguese Children Crowdfund Climate Change Suit Against 47 Countries

By Paul Davies and Michael Green Six Portuguese children are raising funds to sue 47 European countries, asserting that their right to life has been threatened because governments have allegedly failed to adequately deal with climate change. With the support of lawyers from the Global Legal Action Network (GLAN), the children will ask nations in … Continue Reading

UK Launches Taskforce to Encourage Growth of Green Finance

By Paul Davies and Michael Green The UK government has announced that it is bringing together a new taskforce led by senior financiers in order to encourage the growth of “green finance”. The taskforce, which will be chaired by Sir Roger Gifford, former lord mayor of London, has six months to develop proposals aimed at … Continue Reading

China’s Pilot Programmes Welcome Announced Launch of Emissions Trading System

By Paul Davies and Andrew Westgate Chinese policymakers have indicated that the country’s Emissions Trading System (ETS) — which will be the largest system of its kind globally and the centerpiece of Chinese climate change policy — is likely to launch in November 2017 “at the very earliest”. The delay will enable China to announce … Continue Reading

Will TCFD Final Recommendations Change the Landscape of Climate-related Financial Disclosure?

By Paul Davies and Michael Green On 29 June 2017, the Task Force on Climate-related Financial Disclosure (TCFD) published its final recommendations. The TCFD set out information that companies should disclose to enable investors, lenders, and insurance underwriters to better understand how companies oversee and manage climate-related financial risk. Ultimately, the aim is to strike … Continue Reading

Bank of England’s Response to Financial Risks Arising from Climate Change

By Paul Davies and Michael Green On 16 June 2017, the Bank of England (BoE) published an article setting out its response to climate change, explaining that climate change and society’s response to it presents certain financial risks. These risks arise through two main ways: The physical effects of climate change such as droughts, floods … Continue Reading

U.S. Withdrawal from the Paris Agreement Creates an Opening for China to Lead

By Paul Davies and Andrew Westgate On June 1, 2017, President Trump announced during a speech at the White House that the United States will withdraw from the Paris Agreement, fulfilling a campaign pledge to end the agreement that the President argued would harm the U.S. economy. Supporters of the Paris Agreement had lobbied for … Continue Reading

“Spain United for Climate”: The Proposed New Climate Change and Energy Transition Law

By Paul Davies and Rosa Espin Spain is leading the fight against climate change with a proposed new Climate Change and Energy Transition Law. The Spanish government regards climate change as one of the greatest challenges facing the country. Since 22 April 2016, the Paris Agreement (which sets out a global action plan to avoid … Continue Reading

Environment: The Concept of Legal Personality – From Companies to Natural Entities?

By Paul Davies and Michael Green New Zealand’s Parliament has just passed a bill to enable the Whanganui River to be recognised as a legal person. It will now be represented by two nominees: one appointed by the Maori community (or Iwi), and another appointed by the government. Part of the settlement includes a fund … Continue Reading

Swift Ratification of Paris Climate Agreement

By Paul Davies and Michael Green The Paris Climate Agreement (Agreement) officially enters into force today, 30 days after it was ratified by at least 55 Parties to the Convention, representing at least an estimated 55% of the total global greenhouse gas emissions. From today, the provisions within the Agreement will be legally binding upon, and … Continue Reading
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