by Hardwick Legal | May 26, 2021 | Purpose Built (LexisNexis)
<p><strong>What are the current hurdles to decarbonising the cryptocurrency industry, and what role can lawyers and industry initiatives like the Crypto Climate Accord (CCA) play in decarbonisation? </strong></p><p>In recent weeks there has been increasing news coverage of the environmental impact of certain cryptocurrencies like Bitcoin, which rely on a mining process that uses huge amounts of energy, predominantly from non-renewable sources. What’s more, because cryptocurrencies are relatively new, largely unregulated, global and decentralised, they present numerous challenges to any lawyers considering how to regulate the industry to improve its environmental record. But it’s not all bad news – some cryptocurrencies have proven that it’s possible to mine currencies in energy efficient ways, while major industry players have come together to</p>
Source: LexisNexis Purpose Built
Road to COP26—can bitcoin be green?
by Hardwick Legal | May 25, 2021 | Purpose Built (LexisNexis)
<p><strong>How viable are market-based measures (MBMs) as a method to reduce carbon emissions generated by maritime shipping, and what role should they play in the industry’s transition to net zero?</strong></p><p>At the 26<sup>th</sup> Conference of the Parties to the United Nations Framework Convention on Climate Change (<a href="https://ukcop26.org/" data-sf-ec-immutable="">COP26</a>) taking place this November, participating countries will be asked to set targets for reducing greenhouse gas (GHG) emissions that align with a shared ambition of reaching net zero emissions by 2050. With the shipping industry currently accounting for just under 3% of global GHG emissions, a viable plan for decarbonising maritime is necessary if this goal is to be achieved in time to prevent the worst impacts of climate change. </p><p>In recognition of their role in reducing global emissions, shipping industry bodies have recently <a href="https://www.worldshipping.org/pressroom/article?news_article_id=131" target="_blank" data-sf-ec-immutable="">called on the Member States of the International Maritime Organi</a></p>
Source: LexisNexis Purpose Built
Road to COP26—Reducing carbon emissions from maritime shipping
by Hardwick Legal | May 14, 2021 | Purpose Built (LexisNexis)
<p>We have published a new Practice Note on the European Green Deal, see: <a data-sf-ec-immutable="" href="https://www.lexisnexis.co.uk/legal/guidance/the-european-green-deal-tracker">The European Green Deal—tracker</a>. </p><p>This new Practice Note provides an overview of the European Commission’s Green Deal programme, being its ‘roadmap for making the EU’s economy sustainable’, central to which is the EU’s commitment to becoming the first climate-neutral continent by 2050. The European Green Deal therefore sets out policy measures designed to reduce greenhouse gas emissions across sectors, as well as measures aimed at tackling biodiversity loss, defor</p>
Source: LexisNexis Purpose Built
The European Green Deal—overview and developments
by Hardwick Legal | Apr 29, 2021 | Purpose Built (LexisNexis)
<p>Over the course of four weeks, <a href="[f669d9a7-009d-4d83-ddaa-000000000002]024750BD-420C-4D62-8AB8-E782FF3E8F96/melissa-moore">Melissa Moore</a> (Lexis®PSL Commercial Property) and <a href="[f669d9a7-009d-4d83-ddaa-000000000002]024750BD-420C-4D62-8AB8-E782FF3E8F96/zahra-ali">Zahra Ali</a> (Lexis®PSL Corporate, Market Tracker), have been involved with other professionals in the <em>Real Estate: Built Environment</em> event series as part of <a data-sf-ec-immutable="" href="https://chancerylaneproject.org/">The Chancery Lane Project</a> (TCLP). </p><p>TCLP involves a collaboration of lawyers and legal professional drafting and peer reviewing climate conscious contractual clauses which, once published, can be adopted into legal work and are available for free. As part of this, Clyde & Co Partner <a data-sf-ec-immutable="" href="https://www.clydeco.com/en/people/w/andrew-wallis">Andrew Wallis</a> and Howard Kennedy Senior Associate <a data-sf-ec-immutable="" href="https://www.howardkennedy.com/en/people/chirag-rao">Chirag Rao</a> co-facilitated the <em>Real Estate: Built Environment</em> event series. They ran two Hackathons on 12 April</p>
Source: LexisNexis Purpose Built
The Chancery Lane Project - Real Estate: Built Environment event series
by Hardwick Legal | Apr 22, 2021 | Purpose Built (LexisNexis)
<p><strong>What can we expect from the 26<sup>th</sup> Conference of the Parties to the UN Framework Convention on Climate Change (COP26), and why is it so important in the global fight against a warming climate? </strong></p><p>COP26 is scheduled to take place in Glasgow this November, after having been delayed by a year due to the coronavirus (COVID-19) pandemic. The summit marks five years since the Paris Agreement, when countries around the world agreed a binding treaty to limit global temperature increases to below 2°C. COP26 therefore represents an opportunity to reflect on progress made in achieving this target, and what more needs to be done. To assist our readers in preparing for this crucial climate summit, we are launching a series of News Analyses covering various topics relevant to COP26.</p><p>The first instalment in this series, by <a href="https://www.traverssmith. href=""></a href="https://www.traverssmith.></p>
Source: LexisNexis Purpose Built
Road to COP26—what is it and why is it important?