Climate change and the transition to a low carbon economy are top of the political agenda and present a range of challenges for businesses. Our market-leading climate practice advises on climate change issues including regulatory frameworks on carbon emissions, low carbon investment and climate change mitigation strategies. We help clients to future-proof their businesses and identify risks and opportunities.
New plan for energy storage, smart systems and flexibility
The Government has published its plan for a smart and flexible energy system. The Government sees a £17bn – 40bn boost to the economy through the implementation of smart energy, and the plan therefore forms a central part of its Industrial Strategy. The plan sets out a series of actions underway and to be pursued, which focuses on removing barriers to competition and technological innovation. This follows a November 2016 Call for Evidence. Read more.
Report urges companies to disclose climate change impacts in financial filings
Companies will come under pressure to disclose climate change impacts facing their businesses as a result of a new report. In the report, the industry-led Task Force on Climate-related Financial Disclosures has published recommendations and detailed guidelines for companies to include climate-related information within their financial disclosures. Read more.
'Make our planet great again' - Green, Social and Sustainability Bonds
This short alert highlights some of the key themes discussed at the Green Bond Principles 3rd AGM and Annual Conference in Paris on 14 June 2017, the changes made to the Green Bond Principles and the launch of the Social Bond Principles and Sustainability Bond Guidelines. Read more.
Renewable Incentives Guide - new 5th Edition
We have published the 5th edition of our Renewables Incentives Guide. It provides an introduction to renewable energy incentives in 22 jurisdictions across the globe, expanded in this edition to include China, Russia and USA. It also contains a detailed analysis article focusing on how energy storage is helping renewables to fulfil their potential. Read more.
Brexit and the Energy Sector: UK climate change and renewables policy and targets
At a time when the UK renewables industry needs a stable investment outlook more than ever, the vote to leave the EU has created a new period of uncertainty. Read more.
Brexit - What next for Environmental & Climate Change law?
Following the UK's vote to leave the EU on 23 June, we have been considering the possible implications of this vote for environmental and climate change law and practice. Read more.
Sir David King – Paris Agreement on Climate Change: What's Next?
Sir David King, the UK's Special Representative for Climate Change talked about the Paris Agreement on Climate Change and why he is optimistic about the future of renewable energy at an event sponsored by Clifford Chance. Read more.
Climate Change Conference – What is the real substance of the Paris Agreement?
The Agreement reached at the Paris Climate Change Conference in December 2015 was acclaimed as a great achievement both by politicians and much of the media. The success of the conference from a political perspective, in securing agreement from 195 countries on a way forward on climate change action, should not be underestimated. However, this success lies beyond the fairly limited substantive obligations placed on the Parties by the Agreement itself. Read more.
Green bonds - is green the new black?
The emergence of the green bonds market has been described by the United Nations as "one of the most significant developments in the financing of low-carbon, climate-resilient investment opportunities." Read more.