Cross-cutting Issues

236 posts

The ICJ’s Advisory Opinion on Climate Change: What Happens Now?

  Climate change litigation has finally reached the world’s highest court. On March 29, 2023, the United Nations General Assembly (UNGA) adopted a resolution requesting an advisory opinion from the International Court of Justice (ICJ) on the obligations of States with respect to climate change. The UNGA adopted resolution (A/77/L.58) […]

Global Consensus is Emerging on Corporate Scope 3 Disclosures. Will the SEC Lead or Lag?

2023 is a significant year for corporate climate disclosure rules: regulators around the world are issuing or strengthening their disclosure requirements for registered companies pertaining to sustainability and climate-related financial risk. In Europe, the European Commission plans to finalize initial reporting standards for corporate sustainability reporting by June. UK regulators […]

Beyond troubled waters? Unprecedented cross-border transportation and injection of carbon dioxide (CO2) for offshore storage shows promise

March 8, 2023, marked the start of the demonstration phase of  Project Greensand, shipping carbon dioxide (CO2) from Belgium for storage in a depleted oilfield in the North Sea off the coast of Denmark. This blog post highlights three ways in which this pioneering carbon capture and storage (CCS) operation […]