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Paris Agreement Article 2.1(C) sounds obscure – but it packs a big punch for cleaning up the financial sector.

Enviromental Defense

C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. It calls for countries to make all “finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” C) of the Paris Agreement.

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Governing Emissions Trading in California and China

Legal Planet

As of 2021, 30 emissions trading systems were in force globally, covering 16 – 17 % of global greenhouse gas (GHG) emissions. Emissions trading systems are often launched with relatively lenient design features, typically justified as giving the system a chance to “learn-by-doing” and to gain political buy-in for approval of a program.

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Brazil Advances in Climate Change Litigation

Legal Planet

A new wave of cases differs from traditional environmental lawsuits by highlighting the connections between preserving the Amazon and the climate, the grave risk of greenhouse gas emissions caused by deforestation, and the critical role of the forest as a major global carbon sink. The timing of these climate disputes is not accidental.

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What EXACTLY Did the UN Conference Decide?

Legal Planet

This group of nearly all the world’s nations says that it: [R]ecognizes the need for deep, rapid and sustained reductions in greenhouse gas emissions in line with 1.5 °C Coal clearly does not have the same clout as oil and gas, either in domestic politics or international negotiations. Non-CO2 greenhouse gases.

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

Law Columbia

Part of the discussion on the need for an advisory opinion on climate change focuses on the possibility to interpret the obligations in the Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC). The rules governing written proceedings are quite flexible. But a lot has changed since then.

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KlimaSeniorinnen and the Choice Between Imperfect Options

Law Columbia

118 & 542), and the often inadequate action taken to reduce anthropogenic greenhouse gases (GHG) emissions on the other. This indicates that not only democracy but also litigation to compel governments to reduce GHG emissions is fraught with obstacles. What the ECtHR thus refers to as a “tailored approach” (paras. 541–549).

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What’s Up With Water – September 20, 2021

Circle of Blue

When diplomats and government ministers converge on Glasgow this fall, they hope to rekindle pivotal negotiations on global climate that were dampened during the pandemic. It’s also an essential consideration as countries plan to reduce greenhouse gas emissions in line with the Paris agreement.

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