During the plenary session held the first week of June, the European Parliament voted on several items related to the European Union’s (EU) “Fit for 55” climate package. Debate and division continue to be strong. Key takeaways from the session include— The proposal of the Environment Committee for a revision of the EU ETS…
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EU: Provisional Political Agreement Reached on EU Adequate Minimum Wage Draft Directive On June 7, the European Council and Parliament reached a provisional political agreement on the draft directive on adequate minimum wages in the EU. Minimum wage currently varies across the EU as each Member State sets their own standards: 21 out of 27…
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15 June 2022 Borden Ladner Gervais LLP To print this article, all you need is to be registered or login on Mondaq.com. What you need to know The Office of the Superintendent of Financial Institutions (OSFI) published a draft guideline (the Guideline) on climate risk management on May 26, 2022. The Guideline establishes…
To print this article, all you need is to be registered or login on Mondaq.com. Urban centers need new funding models to be in the vanguard of the battle against climate change Cities are major contributors to climate change, consuming over 65% of global energy and producing more than 70% of greenhouse gas emissions worldwide….
Read More “Financing Net Zero Cities – The Case For Smart Legal Solutions – Climate Change” »
To print this article, all you need is to be registered or login on Mondaq.com. On June 8, 2022, the Climate and Resilience (EX) Task Force (C&R TF) of the US National Association of Insurance Commissioners (NAIC) exposed three measures that have been adopted and referred to the C&R TF by its Solvency…
To print this article, all you need is to be registered or login on Mondaq.com. The Dutch claim foundation Milieudefensie recently published a letter addressed to 29 large companies in the Netherlands in which it demands that the companies take a frontline role in climate change and comply with the Paris Climate Agreement. The letter…
To print this article, all you need is to be registered or login on Mondaq.com. Companies and limited liability partnerships (LLPs) “With the greatest economic and environmental impact” are now subject to the legal requirement to assess their climate risks and disclose climate-related financial information as a result of new regulations which came into force…
