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New avenues to stem the tide: legal obligations of enterprises and investor...

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Impact Hub Amsterdam

Linnaeusstraat 2C

1092CK Amsterdam

Netherlands

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New avenues to stem the tide: legal obligations of enterprises and investors in the face of climate change

In 2015, 195 governments signed the Paris Agreement and by doing so committed to limit global temperature rise to well below two degrees, and to pursue efforts to limits global warming to 1.5 degrees. Research shows that governments are not taking sufficient action to meet these goals. According to the United Nations Environment Programme (UNEP), the planned emission reduction efforts of governments worldwide only add up to a third of what is needed to stay below two degrees warming, let alone 1.5. At the same time, scientists say that to keep a chance to meet climate targets at least two thirds of known oil, gas and coal reserves need to stay in the ground.

In response to insufficient action on climate change, individuals and NGOs are increasingly going to court for climate justice. While some of the first climate cases targeted governments (e.g. Urgenda v The Dutch State), there is now an increasing number of cases in which enterprises are being held responsible for climate change (e.g. RWE v Saul Luciano Lliuya). This raises the question: What are the legal obligations of enterprises in the face of climate change?

On the 18th of January, a group of legal experts from around the world will launch the Principles on Climate Obligations of Enterprises that offer clarity on this question. These principles have been endorsed by 38 legal experts from all continents, including former and active judges, and are a follow-up to the Oslo Principles (launched in 2015), which chiefly aimed to discern the legal obligations of States to constrain climate change.

You are personally invited to join us on 19 January 2018 for an event exclusive to NGO representatives and lawyers active in this field, where you will have the unique opportunity to get introduced to the Enterprises Principles by some of its founders. The aim of this event is to discuss among experts and practitioners the relevance of the Principles and the possibilities to apply them to avoid dangerous climate change.


Agenda

12.30 - 13.00: Lunch
13.00 - 14.15: Presentations on the Enterprise Principles (by Jaap Spier, Brian Preston, Philip Sutherland); Presentation on relevance of the enterprise principles to NGOs (by NGO representative - TBC)
14.15 - 15.15: Discussion: How can NGOs make use of the Enterprise Principles (in taking legal action, lobbying activities, research and communication)
15.15 - 15.30: Wrap up

***The event will be in English***

In case you have any questions about this event, please get in touch with Laura van den Berg (laura.van.den.berg@milieudefensie.nl)

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Impact Hub Amsterdam

Linnaeusstraat 2C

1092CK Amsterdam

Netherlands

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