News & Analysis as of

Climate Change Financing

Mayer Brown

Europe Daily News, 13 February 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11420 - Blackstone / Vista / ADAPT2) - Non-opposition to a notified concentration (Case M.11414 - Skion / Bitburger / Avista Oil)...more

Mayer Brown

Europe Daily News, 12 February 2024

Mayer Brown on

COMPETITION - Digital Markets Act: the application by Bytedance (TikTok) seeking suspension of the Commission decision designating it as a gatekeeper is dismissed (See CPR No.28/2024 - Order of the President of the General...more

Jones Day

U.S. Treasury Publishes Principles for Net-Zero Financing and Investment by Financial Institutions

Jones Day on

The September 2023 publication by the U.S. Treasury Department of its Principles for Net-Zero Financing and Investment ("Principles") marks the first time a major U.S. government agency has provided guidance to the financial...more

White & Case LLP

Eight things to know about the Taskforce on Nature-related Financial Disclosures

White & Case LLP on

The Taskforce on Nature-related Financial Disclosures ("TNFD") released its final framework (the "TNFD Framework") on September 18. The TNFD Framework encourages organisations to integrate nature into decision-making and...more

Cadwalader, Wickersham & Taft LLP

The Economics of Biodiversity: UK Introduces Sweeping Inquiry Into Role of Private Finance in Nature Recovery

In August 2023, the UK Parliament’s Environmental Audit Committee launched an inquiry into the current and future role of private finance in nature recovery, in order to meet its goal of reaching Net Zero by 2050 while...more

Cadwalader, Wickersham & Taft LLP

Science-Based Targets Initiative Releases Consultation Papers for Financial Institutions, Highlights Need for Renewable Power...

In June 2023, the Science Based Targets initiative (SBTi) published a draft of its Financial Institutions Net Zero (FINZ) Standard to enable financial institutions to establish targets consistent with achieving net-zero...more

Conn Kavanaugh

Here Comes the Sun: Common Considerations for Solar Installation Agreements

Conn Kavanaugh on

In recent years, environmental concerns, skyrocketing electricity costs, and tax incentives have led to a boom in both residential and commercial use of solar panels. Stated differently, the masses have flocked to solar not...more

Cadwalader, Wickersham & Taft LLP

Increased Investor Pressure for More Ambitious Climate Pledges Ahead of AGMs

In early April, the climate activist shareholder group, Follow This, filed shareholder resolutions seeking stronger energy transition strategies from several oil “super-majors.” The resolutions have been filed in advance of...more

Cadwalader, Wickersham & Taft LLP

Beyond the Headlines – Three Global Banks Update Emissions Financing Reduction Targets

Between February 23 and March 3, three leading global financial institutions announced updated environmentally linked targets aimed at reducing by 2030 their financed emissions in carbon intensive sectors, including oil &...more

Cadwalader, Wickersham & Taft LLP

G20 Call for Global Common Framework to Finance Sustainable Development Goals

At the recent G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru, India, attendees called for the creation of a common global framework to facilitate financing the United Nations’ Sustainable Development...more

Cadwalader, Wickersham & Taft LLP

Global Bank Sued in France Over Fossil Fuel Financing

On February 23, three climate advocacy groups—Friends of the Earth France, Notre Affaire à Tous and Oxfam France—filed a lawsuit alleging that a global financial institution violated Article L. 225-102-4.-I of the French...more

Cadwalader, Wickersham & Taft LLP

European Commission Announces Green Deal Industrial Plan

On February 1, the European Commission (EC) launched its Green Deal Industrial Plan to “enhance the competitiveness of Europe’s net-zero industry and support the fast transition to climate neutrality.” According to the...more

Cadwalader, Wickersham & Taft LLP

Investing: Dutch Bank Publishes Climate Strategy and Joins NZBA

On December 16, the Amsterdam headquartered bank ABN AMRO announced the publication of a climate strategy and its decision to join the Net Zero Banking Alliance (NZBA). ABN AMRO stated that it is “committed to making a...more

McDermott Will & Emery

Key Takeaways | Hospitals and Renewable Energy: New Financial Incentives and Opportunities in the Inflation Reduction Act

McDermott Will & Emery on

During this webinar, Heather Cooper and Carl Fleming, partners in the McDermott’s energy & project finance group, teamed up with McDermott+Consulting’s Debra Curtis to break down the key opportunities and actionable steps...more

BCLP

“The reputation of everyone involved is at stake.”

BCLP on

Will unsustainable companies have difficulty accessing financing in the future? Banks and financial institutions are increasingly offering financing based on ESG criteria. Originally published in German ESG Magazine ( ESGz...more

Jones Day

2021 Transactional Year in Review and 2022 Forecast

Jones Day on

TRANSACTIONAL PERSPECTIVES ON 2022 - What are the trends, risks, and opportunities in 2022? As dealmakers recover from a record-breaking 2021, we expect another busy year in 2022. While risks in the financing market,...more

Hogan Lovells

White House Climate Summit and its implications around the globe

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Today, we issued a Client Alert summarizing the White House Climate Change Summit from last week.  We are replicating it below for the benefit of our blog readers. President Biden hosted the Leaders Summit on Climate (Climate...more

Hogan Lovells

UK Government's Ten Point Plan for a Green Industrial Revolution

Hogan Lovells on

Earlier last week, the UK Government published its Policy Paper on the Ten Point Plan for a Green Industrial Revolution. The policy paper reiterates the commitment the Government made last week to turn the UK into the world’s...more

Cole Schotz

Commercial Property Owners: New Financing Available For Existing And New Energy Cap-Ex Projects

Cole Schotz on

Property Assessed Clean Energy (“PACE”) (also sometimes referred to as C-PACE) financing is a little-known financing tool now available to commercial property owners in more than 35 states, including New York, New Jersey, and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020

Massive New Bipartisan Senate Energy Legislative Package Could See Vote as Early as Next Week - "The 555 page legislative package combines almost all the 50 energy bills that were reported to the Senate in 2019, and is...more

King & Spalding

The Paris Agreement on Climate Change – Implications for Africa

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The historic 21st annual meeting (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC) in Paris in December 2015 resulted in the Paris Agreement (Agreement) which goes further than any previous climate...more

King & Spalding

The 2015 Paris Agreement on Climate Change

King & Spalding on

On 12 December 2015, nearly 200 countries reached an agreement that many have described as a historic turning point for global cooperation in addressing climate change. This article looks at the key elements of the Paris...more

Morrison & Foerster LLP

Paris Agreement on Climate Change Boosts Clean Energy Innovation and Finance

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On December 12, 2015, 195 countries came together in Paris to adopt a landmark climate change deal. The Paris Agreement creates, for the first time, a long-term global framework that commits nearly every country to reducing...more

Foley Hoag LLP - Environmental Law

What Success Means For COP21

If you want to know what how a rational optimist defines success for COP21, take a look at Rob Stavins’s latest post. Here’s his “Paris Scorecard” for what success will look like...more

Foley Hoag LLP

Foley Hoag Climate Update: November 2015

Foley Hoag LLP on

Only five weeks ahead of COP21, the Ad Hoc Working group on the Durban Platform for Enhanced Action (ADP) – the subsidiary body of the UNFCCC – held its 11th Part of its 2nd Session in Bonn, Germany, from 19th until 23rd...more

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