Landmark Public Hearings on the Obligations of States in Respect of Climate Change at the Hague: Highlights

A mere week after the 29th Conference of the Parties wrapped up in Baku, with results overall deemed unsatisfactory by the Global South, climate discussions were taken to a different stage: the Peace Palace, in the Hague, where the International Court of Justice (“ICJ”) held public hearings concerning the obligations of states to protect the … Continued

The new brazilian legislation on the regulation of Carbon Markets: highlights

On December 11, 2024, Brazil enacted Federal Law No. 15,042/2024, establishing a regulatory framework for the country’s carbon market. This legislation can be crucial for aligning Brazil with global climate commitments, introduces mechanisms to price carbon emissions, delineates obligations for high emitters, and integrates governance and safeguards to ensure effective implementation. The law’s provisions underscore … Continued