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The European Commission is expected to present a Proposal for a Directive on Green Claims  (“Proposed Green Claims Directive” or “the Proposal”) within the next few months.  Together with the Proposal for a Directive empowering consumers for the green transition through better protection against unfair practices and better information (“Consumer Empowerment Directive Proposal”), the Proposed Green Claims Directive would contribute to the EU’s green transition towards a circular, climate-neutral and clean economy by creating a common methodology for the substantiation of green claims that concern the environmental footprint of products, services and companies.  It would aim to reduce greenwashing and enable consumers to take informed purchasing decisions based on reliable information about the sustainability of products and traders.

If adopted, it is likely to significantly limit the environmental claims that businesses can make in the EU/EEA.  Businesses may want to consider approaching the Commission to try to influence the final legislative proposal that it is expected to present by March 2023.  Once the Commission presents its legislative proposal, businesses should consider proposing amendments to the European Parliament and Council. …

Continue Reading Upcoming EU Rules on Green Claims

The Greenhouse Gas Protocol (“GHG Protocol” or “Protocol”)—a leading standard setter for measuring and managing corporate greenhouse gas emissions, borne of a partnership between World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD)—has opened stakeholder surveys concerning the revision of its Corporate Accounting and Reporting Standard, Guidance on Scope 2 Emissions, and the Scope 3 Standard and Scope 3 Calculation Guidance.…

Continue Reading Corporate Carbon Counting Under Scrutiny—Comments Requested on Pending Updates to the Greenhouse Gas Protocol

On December 14, 2022, during an open Commission meeting, the Federal Trade Commission voted unanimously to issue a Federal Register notice requesting comments on the efficacy of the Green Guides.  The initial request for comments seeks input on whether to retain, modify, or rescind the Guides.  The notice was published in late December, marking the beginning of a 60-day comment period that ends on February 21, 2023.…

Continue Reading FTC Launches Green Guides Review, 60-day Comment Period Closes February 2023

Negotiations over the text of the final Declaration appear to have not progressed significantly since yesterday. The issues holding up progress now are the same issues that had been identified at the outset as key: loss and damage; mitigation gaps (weak NDCs); the $100 billion in climate finance promised to developing countries from 2020; and the doubling of the proportion of the $100 billion going to adaptation projects. The dual Egyptian Foreign Minister and COP President called on delegates to find solutions—though normally the responsibility for moving text forward lies with the host country.  …

Continue Reading Highlights from Cop 27: Solutions Day

COP 27 was electrified yesterday by the speech of President-elect Lula of Brazil. Promising to reverse the deforestation of the Amazon and commenting that Brazil is already a global agricultural giant without the need to clear any more rainforest, he called on wealthy nations to make good on their COP 15 pledge to set aside $100 billion per year for adaptation and demanded additional funding for loss and damage, noting that the countries least responsible for climate change were those currently suffering from it the most. He also underlined the importance of international partnerships, including the recent agreement between Brazil, Indonesia, and the Congo to work together on conservation.…

Continue Reading Highlights from COP 27: Biodiversity Day

On November 15th, all eyes were on the G20 Summit where news that the meeting between Presidents Biden and Xi had been broadly positive–including instructions for officials to re-engage on climate change–along with the announcement of funding to help Indonesia move away from reliance on coal-fired energy, served as a welcome boost to the mood in Sharm.…

Continue Reading Highlights from COP 27: Energy Day

COP27 was never going to be a ‘Big COP’ in the way that COP26 in Glasgow was.  It was not originally designed to be one of the five-year ratchet reviews of NDCs set out by the 2015 the Paris Agreement and there were no major new climate change texts due to be negotiated.  Sharm’s value is likely to be assessed, at least in part, on whether it effectively tees up important items for next year, including:

  • the Global Stocktake (the technical dialogue will conclude in June next year, and the political phase at COP28);
  • the Global Goal on Adaptation, due to conclude next year;
  • the New Collective Quantified Goal on climate finance, due to conclude in 2024; and
  • the increasingly important future discussions on loss and damage. 

However, COP27 remains an important waypoint – not least in how successful it eventually is in avoiding acrimonious debate and significant tensions over loss and damage.…

Continue Reading COP 27: Week One Summary

Today, water and gender day, kicked off the second week of COP 27 after a rest day on Sunday.

Normally technical negotiators would hand over negotiations to ministers after the COP weekend to focus on political issues in the second week. However, at this COP, the Egyptian presidency is apparently not planning to bring ministers into negotiations until Wednesday. That would leave very little time to agree on the final texts before the end of COP.…

Continue Reading Highlights from COP 27: Water and Gender Day

The day started with the gloomy release of the Global Carbon Project Report which concluded that 2022 was the highest ever emitting year, with increased coal use in India and increased airline use in the U.S. as the main culprits. UN projections are that global emissions must peak by 2025 and halve by 2030 if the world is to meet the 1.5 degree ambition agreed at the Paris COP in 2015 (emissions in 2022 are more than 5% higher than in 2015).…

Continue Reading Highlights from COP 27: Decarbonization Day