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The number of litigation-arbitration climatechange related cases is on the rise. In 2017, there were 884 cases brought in 24 countries. As of 1 July 2020, the number of cases had nearly doubled, with at least 1,550 climatechange cases filed in 38 countries, according to the UNEP Global Climate Litigation Report.
Neither the world’s financial firepower nor the impact of climatechange is spread evenly, which means funding the transition to net zero is much harder and more urgent for emerging markets and developing economies (EMDEs) compared to developed ones. . Steady momentum .
The news is disappointing to say the least, given the group’s vital role in the net zero transition and the battle against climatechange, with disagreements centring around the intended tripling of renewable energy capacities by 2030, resulting in officials issuing an outcome statement rather than a joint communique.
But successful cases can catalyse substantial advancements in climatechange policy, said Higham, citing the Urgenda Foundation v The State of the Netherlands case.
Former UNEP FI head of risk David Carlin calls for a refocus on reducing carbon emissions at COP30 and doubles down on the concept of carbon markets. Despite international efforts to combat climatechange, the EUs Copernicus ClimateChange Service (C3S) has confirmed 2024 as the hottest year on record.
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