News & Analysis as of

Greenhouse Gas Emissions Conference of the Parties

Latham & Watkins LLP

ISSB Implementation Across Asia - September 2024

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In the December 2023 edition of Regulatory Updates in Asia ESG we provided an update on how jurisdictions across Asia are responding to the International Sustainability Standards Board (ISSB) standards. Several regulators in...more

Latham & Watkins LLP

COP28: Key Takeaways From the Annual Climate Conference in Dubai

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The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference. Between November 30 and December 12, 2023, Dubai hosted the...more

Gray Reed

What Happened at COP28?

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About the same as what happened at COP27. The 70,000+ fabulists, opportunists, and assorted acolytes comprising the congregation of the Church of Our Holy Mother of the Suffering Planet celebrated another high mass in,...more

White & Case LLP

Funding the energy transition: the role of Islamic finance

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Access to energy underpins our day-to-day and powers global economic prosperity and development, yet consumption of energy is the dominant contributor to climate change, accounting for approximately 60% of total global...more

Akin Gump Strauss Hauer & Feld LLP

COP28 - December 6, 2023 Recap

COP28 - December 6, 2023 Recap - Today’s COP28 theme – Multilevel Action, Urbanization and Built Environment/Transport – saw the hosting of a Ministerial Meeting on Urbanization and Climate Change and the release of the...more

Latham & Watkins LLP

Long-Awaited Guidelines From Article 6.4 Published Ahead of COP28

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The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28. After two years of discussion, the Supervisory Body (SB) responsible for determining the...more

Akin Gump Strauss Hauer & Feld LLP

Previewing COP28: Opportunities, Challenges and Anticipated Outcomes

The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) has commenced this week in Dubai, United Arab Emirates (UAE), and will run through December 12, 2023. The UAE is...more

Vinson & Elkins LLP

Shaping the Future: Unraveling the Impact of COP27 and Anticipating the Path Forward at COP28

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In an historic turn of events at the 27th annual conference of the parties (or COP) to the UN Framework Convention on Climate Change (UNFCCC) hosted by Egypt in November 2022, nations rallied to address the realities of...more

Cadwalader, Wickersham & Taft LLP

Island Nations Ask UN Tribunal to Spell Out Large Countries’ Obligations to Protect Oceans

The International Tribunal for the Law of the Sea held a series of public hearings that started September 11, 2023 following a request submitted by the Commission of Small Island States on Climate Change (COSIS) to clarify...more

Latham & Watkins LLP

UK Transition Plan Taskforce Launches Full Disclosure Framework

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The framework claims to set the “gold standard” for companies to contribute to the net zero transition while emphasising ambition, action, and accountability. The UK Transition Plan Taskforce (TPT) launched its...more

Cadwalader, Wickersham & Taft LLP

Investor Group FAIRR Calls on G20 Finance Ministers to Reform Agricultural Subsidies Regimes

Ahead of September 2023’s G20 summit in Delhi, the Farm Animal Investment Risk & Return (FAIRR) Initiative called on G20 Finance Ministers to reform agricultural subsidies to enable countries to meet their net zero greenhouse...more

Jones Day

Decarbonizing the Health Care Sector

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At a global level, the decarbonization of the health care sector has been coordinated by the World Health Organization (WHO) COP26 Health Programme, launched at the COP26 climate summit in November 2021. Under this program,...more

White & Case LLP

Progress made on Paris Agreement Article 6.4 at Bonn; Talks to Continue in Dubai

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Article 6.4 of the Paris Agreement to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a structure for a carbon credit market on which greenhouse gas ("GHG") emission reductions or removals may be...more

White & Case LLP

Emerging Fundamentals in Climate Mitigation Through ITMO Transactions Under Paris Agreement Article 6.2

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Article 6.2 of the Paris Agreement that was approved by the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a framework for countries to transfer...more

Cadwalader, Wickersham & Taft LLP

COP15: The Global Biodiversity Framework

The United Nations Biodiversity Conference (COP15) ended in Montreal, Canada, on December 19, 2022 with a landmark agreement to protect at least 30% the planet’s lands, inland waters, coastal areas and oceans by 2030 (known...more

Gray Reed

COP 27 … More of the Same

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We’ll end the year end with a look at “COP27”, the all-expense-paid shindig that was the 27th United Nations Climate Change Conference of the Parties, featuring exaggerations, hysteria, and outright misstatements burning with...more

White & Case LLP

Article 6 of the Paris Agreement: Opportunities for Africa

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The possibility of climate markets has finally materialized into the draft stage at COP27, but many crucial decisions that would allow for carbon trading to begin in earnest were deferred to COP28. The Paris Climate...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

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - November 2022 #3

[co-author: Kerry Mackenzie and Leila Fleming] The Federal Acquisition Regulatory Council (FAR Council) released a proposed rule that would establish greenhouse gas emissions reporting requirements that would impact...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - November 2022 #2

[co-authors: Kerry Mackenzie and Leila Fleming] With COP 27 in full swing and the midterm elections concluding, various climate policy developments are underway. The Environmental Protection Agency (EPA) announced its...more

Latham & Watkins LLP

Updates From Week One of COP27: Article 6 Negotiations and US Announcements

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Extensive negotiations focused on finalizing the details of a “rulebook” for an international carbon market under Article 6 of the Paris Agreement. The 27th annual Conference of Parties (COP27) of the United Nations...more

Akin Gump Strauss Hauer & Feld LLP

COP27: A Fair COP or a COP Out?

The UN Conference of the Parties can be baffling. Here are Alex Harrison’s and Ken Markowitz’s key takeaways from week 1 of COP27 in Sharm el-Sheik, Egypt...more

(ACOEL) | American College of Environmental...

COP26 Retrospective: Historical Turning Point Toward a Sustainable Future?

When the history of the global shift toward a clean energy economy and a sustainable future gets written decades from now, it may well be that the COP26 Climate Change Conference will be seen as a watershed moment. While the...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

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In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Akin Gump Strauss Hauer & Feld LLP

[Podcast] COP26: Outcomes, Takeaways, Forecasts

Accelerate ESG debuts with Akin Gump partners Stacey Mitchell, Ken Markowitz and Naboth van den Broek reviewing the recent UN Climate Change Conference, which Ken and Naboth attended, to offer listeners insights into the...more

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