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Forestry Climate Change

Mayer Brown

The UK Forest Risk Commodity Regulation ("UKFRC") | One to Watch in the Coming Year

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INTRODUCTION - Deforestation is now the second leading cause of climate change globally, after burning fossil fuels, and is responsible for around 11% of all greenhouse gas emissions.  In the last 60 years more than half...more

BCLP

The European Union Against Deforestation: the Companies Concerned Still Have 8 Months to Take Action

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On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to...more

K&L Gates LLP

Carbon Quarterly – Volume 8

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Mayer Brown

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

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On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

Cadwalader, Wickersham & Taft LLP

Toolkit in Progress on Deforestation and Land Conversion-Linked Financial Crimes

On October 17, 2023, Themis, a technology platform that helps its clients manage their financial crime risk exposure, and World Wildlife Fund (WWF) UK, announced that they are working together to produce a Deforestation and...more

Cadwalader, Wickersham & Taft LLP

Amazonian Nations Sign Joint Declaration but Fail to Agree Joint Target to End Illegal Deforestation

On August 9, 2023, the Brazilian city of Belém hosted a summit of the Amazonian Cooperation Treaty Organization (ACTO) with the participation of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela. The...more

WilmerHale

2023 Proxy Season Update: Shareholder Activism on “E” Topics

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What a difference a year makes. A highlight of the 2022 proxy season was the increased shareholder focus on a number of ESG topics, including more than 100 “E”-related shareholder proposals related to climate change,...more

Cadwalader, Wickersham & Taft LLP

U.S. DOJ Forms Task Force to Fight Global Illegal Timber Trade

To investigate and prosecute the illegal trade of timber around the world and the deforestation that results, the U.S. Department of Justice has formed the Timber Interdiction Membership Board and Enforcement Resource...more

Cadwalader, Wickersham & Taft LLP

Brazilian Congress Approves Legislation Aiming to Stimulate Carbon Credit Markets

On May 2, 2023, the Brazilian Senate approved legislation that amends rules relating to public forest concession contracts and, significantly, now allows the use and commercialization of carbon credits. The amendment, which...more

Akin Gump Strauss Hauer & Feld LLP

European Parliament Approves CBAM, ETS Revision and Deforestation Rules

With 487 votes in favor to 81 against and 75 abstentions, the European Parliament voted yesterday to adopt a regulation on a Carbon Border Adjustment Mechanism (CBAM). Negotiators for the Parliament and the Council of the...more

BCLP

State aid: European Commission adopts new rules for agriculture, forestry and fishery and aquaculture sectors

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The European Commission has revised its state aid rules for the agricultural, forestry and fishery/aquaculture sectors. The revisions relate to: ..the Agricultural Block Exemption Regulation (ABER); ..the Fishery...more

Latham & Watkins LLP

COP15’s Global Biodiversity Framework and the Rising Focus on Nature - What Businesses Can Expect

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The Framework looks to guide global action on biodiversity, ecosystems, and other aspects of natural capital through 2030 and beyond. Key Points: ..The Global Biodiversity Framework adopted at COP15 to the Convention on...more

Cadwalader, Wickersham & Taft LLP

Regulation: EU Adopts Legislation to Tackle Deforestation

Earlier this month, the European Commission announced a provisional agreement between the European Parliament and the Council of the European Union on regulation pertaining to deforestation-free supply chains. In a questions...more

Holland & Knight LLP

Tribal Provisions in the Inflation Reduction Act Address Energy, Climate Change

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In support of transitioning to clean energy and combating climate change, Congress enacted the Inflation Reduction Act (IRA) (Pub. L. 117-169) to extend, modify and enhance many existing tax incentives, create new tax...more

Latham & Watkins LLP

COP27: Overview and Key Takeaways

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Establishment of the loss and damage fund and development in Article 6 of the Paris Agreement were among the major developments in this year’s conference. On November 20, 2022, the 27th annual Conference of Parties...more

Hogan Lovells

Giving deforestation the ax – The proposed regulation on deforestation-free products

Hogan Lovells on

On September 13, 2022, the European Parliament voted to adopt a regulation on deforestation-free products (Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain...more

Latham & Watkins LLP

Study: Growing Wildfire Risks Threatening California’s Climate Policies

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The 2020 wildfire season alone released more carbon dioxide than what California reduced through years of emission cuts. California is a recognized leader in climate policy, but a wildfire crisis is threatening to unwind...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Climate Mitigation Pathways for U.S. Agriculture and Forestry: Environmental Defense Fund Report

The Environmental Defense Fund issued a report titled: Ambitious Climate Mitigation Pathways for U.S. Agriculture and Forestry: Vision for 2030 (“Report”) - Personnel from the climate consulting firm ICF served as...more

Latham & Watkins LLP

European Parliament Adopts Position on Deforestation Regulation

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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. On 13 September 2022, the...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Inflation Reduction Act of 2022: Energy/Climate Provisions

United States Senate negotiators reached an agreement on July 27th on the Inflation Reduction Act of 2022 (“IRA”). The 725-page bill would use fiscal year 2021 reconciliation instructions to raise revenue in order to fund...more

K&L Gates LLP

Carbon Quarterly – Volume 6

K&L Gates LLP on

Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Schwabe, Williamson & Wyatt PC

SB 1534 – Carbon Sequestration ‎

Senate Bill 1534 would establish a state policy of increasing carbon sequestration in natural and working lands and waters and require the State Department of Forestry, the State Department of Agriculture, the Oregon...more

Latham & Watkins LLP

Science Based Targets Initiative Sets 2022 Action Plan

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Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation. On 12 January 2021, the Science Based Targets initiative (SBTi) published its...more

Stoel Rives LLP

Stoel Rives | Deeply Rooted Podcast Episode Six: Understanding the Intersection of ESG and the Forest Sector with MaryKate Bullen,...

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In the latest installment of the Stoel Rives | Deeply Rooted Podcast, titled Understanding the Intersection of ESG and the Forest Sector, MaryKate Bullen, Director of Sustainability and ESG of Forest Investment Associates,...more

K&L Gates LLP

HUB Talks: The Future of Sustainable Forestry with Kristy Harlan of Weyerhaeuser

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Kristy Harlan, Senior Vice President, General Counsel, and Corporate Secretary at Weyerhaeuser, speaks with partner Alyssa Moir about the future of sustainable forestry. Timber production has always been at the core of...more

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