European Commission publishes proposals for European Green Bond Standard

The European Commission (the Commission) published a draft legislative proposal for the long-awaited European Green Bond Standard (EU GBS) which was published alongside the Strategy for Financing the Transition to a Sustainable Economy on 6 July 2021. The EU GBS is intended to be a voluntary “gold standard” for green bonds and will provide a … Read more

Leading the legal sector on climate change with Net Zero Lawyers Alliance

Herbert Smith Freehills is joining forces with other legal sector leaders to fight climate change through the Net Zero Lawyers Alliance (NZLA) – a coalition of commercial law firms committed to helping the world achieve net-zero carbon emissions by 2050. Justin D’Agostino joined leaders from a number of international law firms and corporates to launch the … Read more

London Climate Action Week – 26 June to 4 July 2021

We are proud to be a part of London Climate Action Week 2021 (LCAW), the annual event bringing together world-leading climate professionals and communities across London and beyond to find practical solutions to climate change. Founded in 2019, LCAW is the largest independent climate change event in Europe, helping to shape our future into one that is … Read more

FUTURE CITIES – THE PODCAST SERIES

Building on our series exploring the prospects of the modern city, our new podcast brings you interviews, commentary and fresh perspectives on one of the defining social and economic forces of modern life. Tune in and hear from our leading figures across a range of disciplines as they join industry experts to share insights and … Read more

CfD Supply Chain Plans – update on consultation

The UK’s Department for Business, Energy and Industrial Strategy (BEIS) has published a response to consultation on its proposed amendments to the CfD scheme in relation to Supply Chain Plans ahead of the CfD Allocation Round 4 planned for late 2021. This follows a second consultation paper issued by BEIS in November 2020. Please see … Read more

Australian Government splashes the cash in positive step towards cutting emissions

The Australian Government has committed over AUS$1.1 billion for hydrogen, CCS/CCUS and international technology partnerships. The funding comes from the 2021-2022 Federal budget and broadly consists of: AUS$275.5m for the development of four hydrogen hubs AUS$263.7m for the development of CCS/CCUS projects AUS$565.8m for international technology partnerships This week’s Federal Government’s commitment sees some AUS$1.1 … Read more

Climate change, decarbonisation, net zero – a glimpse into the 2021 Budget

The UK Chancellor of the Exchequer delivered the 2021 Budget to the UK Parliament on 3 March 2021. The budget delivered includes a package of related policy documents, some of which relate to planned commitments to tackle climate change and achieve the Government’s net zero by 2050 ambition. Two of the more interesting aspects of … Read more