COP26 SERIES: CARBON MARKET MECHANISMS AND COP26

OVERVIEW The Paris Agreement, adopted by 196 Parties at COP21 in Paris, aims to limit global warming to below 2, preferably to 1.5, degrees Celsius compared to pre-industrial levels. The Paris Agreement included a number of methods and goals for achieving this target. In particular, Article 6 contains three carbon pricing mechanisms, two of which … Read more

UN CLIMATE CHANGE CONFERENCE (COP26)

As nearly 200 nations descend on Glasgow from 1 November for the 26th Conference of the Parties (COP26), the UN-backed forum for tackling climate change, the annual summit will be a defining moment in the battle to mobilise states and policymakers. The first COP to assess government climate plans submitted under the Paris Agreement, the … Read more

The Taxonomy Regulation: an overview

On 18 June 2020,  the European Parliament adopted the regulation on the establishment of a framework to facilitate sustainable investment[1] (the Taxonomy Regulation), a milestone in the EU’s Action Plan on Sustainable Finance (the Action Plan). It has since been published in the Official Journal and entered into force on 12 July 2020. The EU-wide green taxonomy set out … Read more