The Sustainable Finance Law Review Edition 2
24 January 2024
The Sustainable Finance Law Review Edition 2, is now available to read here.
The Sustainable Finance Law Review provides a living guide to the sustainable finance worldwide. It tackles core sustainable finance instruments that every practitioner needs to understand – covering the most salient legal and commercial issues, while also addressing industry trends and topics.
Sustainable finance is rapidly evolving. Public and private financing of sustainable and green projects, or those with provisions in line with borrowers' and issuers' environmental, social and governance (ESG) commitments, has increased significantly.
Since the signing of the Paris Agreement in 2015, more than 190 countries have committed to net zero emissions targets. Countries have also acted at a national level with ambitious target-setting and nationally determined contributions (NDCs) pursuant to the Paris Agreement. They are not alone. The share of large publicly-listed companies with net zero targets has more than doubled in a little over two years, from 417 to 929 .
Financial institutions have also engaged with various policies introduced to enshrine ESG commitments, in terms of both their own lending targets and the carbon emissions linked to those targets. Investors at both retail and institutional levels increasingly look to the financial markets as an important lever in achieving such targets. With new regulations and the evolving investor appetite, the sustainable investing landscape continues to shift.
Significant efforts are being made to globally ensure quality and transparency in the industry, to impose consistent frameworks such as the International Sustainability Standards Board ("ISSB") and disclosure requirements such as those of the Task Force on Climate-related Financial Disclosures ("TCFD") that support comparability and interoperability among firms and products, and to provide investors with sufficient information to monitor the impact of their investments.
In this second edition, we aim to:
- provide a year in review update of the current state of sustainable finance and the status of regulatory efforts across multiple jurisdictions; and
- track the evolution of sustainable finance and outline key trends for the near future.
Access our exclusive United Kingdom featured chapter here.
Access Edition 1 here.
For more information on The Law Reviews series, including other contributing series, click here.
