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In this article, we provide a high-level overview of the regulatory regime and key trends in green finance in the Europe, Middle East, and Africa (EMEA) region. This Part 1 addresses...
[co-authors: Costanza Scarascia Mugnozza, Maria Concetta Molica]* With the goal to deploy the full potential of the newly approved National Recovery and Resilience Plan (the “ PNRR”), on 28 May 2021, the Italian Government approved the Law Decree no. 77 of 31 May 2021, so called “ Semplificazioni bis” (i.e. Simplification – the “ Decree”). Now, both Chambers of the Italian Parliament, Representative and Senate, shall convert the Decree into Law within 60 days. The Decree aims at simplifying and speeding up the administrative procedures, a crucial challenge for the full implement...
On January 2nd, 2021, the President of the Republic of Kazakhstan signed a new code: the Environmental Code of the Republic of Kazakhstan (hereinafter referred to as the Code) to introduce...
Sweden’s wind power market closed the first quarter of this year with almost 1GW of new capacity contracted and investments worth Skr10bn (€990m), according to figures from trade group Svensk Vindenergi. Most of these new projects are located in northern Sweden, with as much as 75% of the new wind power capacity to be added in the electricity areas SE1 and SE2. The group predicted that if development continues at the current pace, before 2030 investments in Swedish will correspond to around Skr100bn by 2030. The association said that demand for wind power projects is outstripping the rate...
Business & Human Rights Resource Centre Featured pages Featured pages Featured pages Featured pages "French MPs approve 'ecocide' offence to punish environmental damage", 18 Apr 2021 The ecocide draft legislation was by the passed by 44 votes to 10 in the National Assembly, the lower house of parliament, on Saturday. If it becomes law, it will apply to "the most serious cases of environmental damage at national level", said Environment Minister Barbara Pompili. Transgressors will be liable to up to 10 years in prison and a fine of 4.5 million euros... The aim is to strengthen the sanctions...