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TRENDING INSIGHTS
China’s efforts to encourage businesses to cut emissions and improve carbon data transparency are critical to achieving a sustainable future. From the national emissions trading system expanding and opening to foreign investment, to carbon cutting incentives for individuals, there is a rising tide of carbon-related initiatives across China.
New rules in the EU that will force large companies to check their value chain for any negative human rights and environmental impacts have inched closer.
Two long years since the release of the first draft in April 2021, the European Union’s (EU) proposed Artificial Intelligence Act (AI Act) has passed a major milestone. On 14 June 2023, the European Parliament agreed (by a significant majority) to a final negotiating position on the AI Act.
This brings the AI Act one (significant) step closer to becoming law. The next (and final) step is the commencement of trilogue negotiations on the final form of the AI Act between the European Parliament, Council of Europe and the European Commission.
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Partner News
- Meet David Phua
- David is a newly promoted partner in Singapore. He is an energy and infrastructure sector specialist and has extensive experience advising clients on oil and gas and other resources projects.
LATEST THINKING
Insight
The voluntary carbon markets present a range of opportunities for business to execute its decarbonisation strategy. Under Australia’s predominant carbon market, the Australian Carbon Credit Unit (ACCU) Scheme administered by the Clean Energy Regulator, more than 13 million ACCUs were transacted in the first quarter of 2023. This is over half the number transacted in 2022, and more than the total transacted in 2020 and 2021 combined.[1]
05 September 2023
Insight
Carbon markets are an instrumental tool to assist countries in achieving GHG emissions reduction commitments.
Emissions trading systems in smaller countries face the problem of insufficient market participants and investors which can result in volume and liquidity levels which are insufficient to determine market pricing effectively.
To address this, some countries and regions have harmonised emissions trading systems, to create larger and more liquid carbon markets.
In this insight, we consider potential opportunities for cooperation and harmonisation of carbon trading across Southeast Asia and the broader region.
18 August 2023
Insight
New changes to the CDR Rules will have a significant impact on the CDR regime, particularly to reduce barriers to participation in the CDR regime, better facilitate participation by CDR business consumers and introduce other operational enhancements.
14 August 2023
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