The United Arab Emirates (“UAE”) hosted the 28th United Nations Climate Change Conference (“COP28”). Experts described COP28 as “the most important COP since the Paris Agreement,”[1] partly due to its location in one of the world’s ten largest oil producing countries.[2] With over 95,000 delegates, COP28 was the largest COP conference to date.[3]Continue Reading Green Bonds and Global Pledges: Unpacking COP28’s Impact
Chris Macbeth
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Progress Since Paris: Sustainable Policy in Europe in 2020 and Beyond
Posted in Boards of Directors, Corporate Law
Following the celebration of the five-year anniversary of the Paris climate conference (COP21) in December 2020, Europe stands out as one of the leaders in developing policies that support the goals of the Paris Agreement, providing frameworks for companies and investors alike to redirect capital flows toward environmentally sustainable activities, as well as various mechanisms to alleviate the social impact of the transition to a greener economy.
Continue Reading Progress Since Paris: Sustainable Policy in Europe in 2020 and Beyond
UAE Issues New Foreign Direct Investment Law
Posted in Cross-Border M&A, Private Equity
Foreign investors who, for many years, eagerly awaited the ability to establish majority or wholly owned businesses in the United Arab Emirates (“UAE”) outside the free zones can prepare their bait—but cannot go fishing yet.
Following an announcement made by the UAE Council of Ministers earlier this year, the long-awaited Foreign Direct Investment Law was…