The U.S. Environmental Protection Agency (EPA) recently took two significant actions on per- and polyfluoroalkyl substances (PFAS).
First, it issued final National Primary Drinking Water Regulations (NPDWR) for six PFAS...more
With Parliamentary elections and a series of national votes in 2024, the EU is entering a pivotal period in its history. In this study, ‘Global business in a changing Europe’, we speak to corporate leaders across the world to...more
3/22/2024
/ Acquisitions ,
Artificial Intelligence ,
Asset Management ,
Capital Markets ,
Competition ,
Corporate Governance ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Global Market ,
Greenhouse Gas Emissions ,
Investment ,
Investment Management ,
Investors ,
Merger Controls ,
Mergers ,
Net Zero ,
Regulatory Agenda ,
Risk Management ,
Sustainability
Are regulations across the lifecycle of a low-carbon infrastructure project helping or hindering the transition? What structures helping the route to Net Zero have been introduced so far? In which fields is work still to be...more
3/11/2024
/ Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Energy Projects ,
EU ,
Greenhouse Gas Emissions ,
Infrastructure ,
Net Zero ,
New Legislation ,
Permits ,
Regulatory Reform
With the Intergovernmental Panel on Climate Change (IPCC) concluding that it will be difficult (and in some cases impossible) to reduce emissions to zero in certain sectors, several hundred million tonnes of CO2 will need to...more
Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation?
From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more
3/7/2024
/ Asia Pacific ,
Carbon Capture and Sequestration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Energy Sector ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Global Economy ,
Global Market ,
Infrastructure ,
Investment Funds ,
Investment Management ,
Investors ,
Middle East ,
Net Zero ,
Regulatory Agenda ,
Regulatory Requirements ,
Renewable Energy ,
Sustainability ,
Taxonomy ,
Technology Sector ,
UK ,
United States
The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more
10/3/2023
/ Carbon Emissions ,
Climate Change ,
Cross-Border Transactions ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
Importers ,
International Trade ,
New Regulations ,
Regulatory Reform ,
Regulatory Requirements ,
Taxation
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
9/25/2023
/ Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Energy Policy ,
Energy Sector ,
Environmental Policies ,
EU ,
Greenhouse Gas Emissions ,
Infrastructure ,
Investment ,
Investment Management ,
Investors ,
Net Zero ,
Paris Agreement ,
Private Investment Funds ,
Renewable Energy ,
Supply Chain ,
Sustainability ,
Sustainable Finance ,
UK
There are useful takeaways for EU and non-EU firms arising from the European Supervisory Authorities’ (ESA) latest thinking on greenwashing. In June 2023, the ESAs issued progress reports examining greenwashing risks and...more
7/27/2023
/ EIOPA ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Greenwashing ,
Insurance Industry ,
SFDR ,
Sustainable Finance ,
Taxonomy
The Belgian subsidy regime in support of offshore wind developments is undergoing some important changes.
Very recently, through Royal Decrees of 23 May and 26 May 2023 and an amendment of the Electricity Act soon to be...more
On 17 May 2023, the EU Regulation establishing a carbon border adjustment mechanism (the CBAM Regulation) came into force. The CBAM Regulation will become applicable in phases, with provisions applying from 1 October 2023, 31...more
It’s not easy being green: the European Commission has published its long-awaited proposal for the Green Claims Directive to enhance consumer protection against greenwashing....more
Recent policy and regulatory developments have shown that governments and businesses around the world are increasingly focused on consolidating their competitive positions in the green industrial revolution. Significant...more
The EU emissions trading system (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more
Impact on public procurement procedures.
The EU Foreign Subsidies Regulation (FSR) was published on 23 December 2022. It will take effect on 12 July 2023 and provides for mandatory notification requirements from 12...more
We recently welcomed a stellar panel of guests to discuss how to drive more private investment in decarbonisation. Ambassador Patricia Espinosa, former executive secretary of the UN Framework Convention on Climate Change,...more
Operators and traders of commodities such as coffee, cocoa and wood should start preparing for the new EU Regulation on deforestation-free supply chains. The new Regulation requires detailed due diligence to be undertaken to...more
More than 50% of global economic output depends in some way on biodiversity. Frameworks are emerging to measure the impact of business on nature, but the science needs work if they are to succeed....more
Quick reference guide enabling side-by-side comparison of local insights, including legislation and main environmental regulations; regulation of hazardous activities and substances; environmental aspects in M&A, public...more
Quick reference guide enabling side-by-side comparison of local insights, including the main climate regulations, policies and authorities; national emission levels, limits and emission reduction projects; emission allowances...more
The EU Emissions Trading System (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more
Supply chain risks are drawing attention across the globe. Recent geo-political and economic shocks such as Covid-19, Russia’s invasion of Ukraine, the U.S.-China trade war and connected inflation are driving this focus.
...more
On 18 May 2022, the European Commission has presented the REPowerEU Plan envisaging the transformation of Europe’s energy system in light of the energy market disruption caused by Russia’s invasion of Ukraine.
...more
As the world recovers from the Covid-19 pandemic, rebuilding resilience and planning for the future have taken centre stage in 2022. The pandemic brought to the fore many human rights issues, creating new challenges and...more
Next level of discussions regarding clean hydrogen in the EU and how it compares to the emerging regime in the UK. The Renewable Energy Directive 2018/2001/EU (RED II) came into force in December 2018 as part of the “Clean...more
Paving the way to a sustainable business community in the EU.
On 23 February 2022, the European Commission (the EC) published the long-awaited proposal for a Directive on Corporate Sustainability Due Diligence (the...more