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Artículos Recientes

  •  
    13/03/2024
    International

    After EU Commission's first decision on Carbon Contracts for Difference, Germany initiates bidding of EUR 4bn

    The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Following the Commission's decision, on 12 March 2024 the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) initiated the first bidding process with a total volume of EUR 4bn. With this funding scheme, Germany is taking a pioneering role in Europe and internationally in the field of state aid for climate protection. Concept of contracts for differenceA contract for difference entitles...
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  •  
    12/03/2024
    EU

    EU takes stand against environmental crimes with new Directive

    The escalating problem of environmental degradation is triggering a re-evaluation of our legal systems' effectiveness in preventing and justly sanctioning such harms. Now the EU has taken a significant step towards safeguarding the environment with the adoption by the European parliament of a proposal for a Directive on the protection of the environment through criminal law that replaces Directive 2008/99/EC. The intention of the Directive is to establish a robust and unified system for preventing, investigating, and punishing individuals and companies that engage in actions harming the environment.BackgroundTraditionally,...
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  •  
    11/03/2024
    United Kingdom

    Wasting more than food? Oven ready contributions to emissions reductions targets

    For many years at EU and UK level the contribution of waste, including food waste, to greenhouse gas (GHG) emissions has been well understood both in terms of emissions as part of the waste process but also in terms of the emissions associated with the production and transportation of the product. In the EU the implementation of the Waste Framework Directive’s hierarchy of preventing waste and encouraging reuse then recycling prior to recovery and disposal methods has been a longstanding requirement and the same obligations remain the case in the UK today. As waste separation and presentation...
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  •  
    07/03/2024
    International

    Environmental and social factors in mining: a spotlight on Colombia

    Environmental and social considerations have been critical to the business of mining since long before the term ESG gained its current popularity. Mining activities are politically sensitive because they allow private companies to appropriate and profit from a state’s finite natural resources, and because they normally entail significant impacts on the natural environment and nearby communities. As a result, mining tends to be highly regulated and require environmental licences and permits, which must be supported by environmental and social impact assessments and other studies and work programmes...
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  •  
    06/03/2024
    Eslovaquia

    Implementation of Temporary Crisis and Transition Framework in Slovakia: Gateway for State Aid Subsidies to Investors Involved in Green Transition

    The European Commission adopted the Temporary Crisis Framework and then the Temporary Crisis and Transition Framework (TCTF) to mitigate the economic consequences caused by Russia's invasion and ongoing war with Ukraine. To this extent, the TCTF establishes a framework for several state aid mechanisms that allow EU member states to help companies tackle the aftermath of the energy crisis. But this is not all. The TCTF goes one step further and introduces state aid mechanisms to support the green transition. The goal of this article is to present the state aid scheme that is about to be implemented...
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  •  
    26/02/2024
    Europe

    The CBAM – what is it and how will it affect the market?

    GB PL
    Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism (CBAM) entered into force on 17 May 2023. The implementation of the CBAM has been divided into a transitional period (from 1 October 2023 to 31 December 2025) and a target period (starting 1 January 2026).Why has the CBAM been introduced?With the establishment of the scheme for greenhouse gas emission allowance trading (EU ETS) in 2005, which covers, among other things, energy intensive installations, the European Union has set a course of action to reduce overall greenhouse gas emissions. However, the ever-rising costs...
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