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How the courts are the new front line in climate change battle

Dr Thom Wetzer commented on the rise of climate lawsuits and the risks these post to investors in The National. "The more money that flows in, the more likely the litigation is to be professionally organised and the more likely it will succeed. And the more these cases succeed, the more money comes in … It’s a flywheel,” he said.  

Law
IN THE NEWS

Labour scrapping £28bn green pledge could leave UK colder, sicker and poorer

Dr Anupama Sen told The Guardian it was "disappointing" to see the Labour party water down its flagship climate policy when other countries racing to prepare their economies for the green energy transition. "It would be better to stand firm and make the case for this level of investment, which is that it would reduce our emissions and shield against increasingly volatile energy prices to give us genuine energy security," she said. 

IN THE NEWS

Investors Face Direct Risk from Climate Litigation

Investors will be increasingly subject to direct climate litigation risk in 2024, reports ESG investor. The article cites research by Associate Professor Thom Wetzer and the Oxford Sustainable Law Programme, which found that investors are largely "flying blind" to the increasing risks. 

Law
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Investors are “flying blind” to risk of climate lawsuits

Polluting companies could be liable for trillions in damages from climate lawsuits. But few investors and regulators are taking these risks into account when evaluating companies’ climate-related financial risks, according to new Oxford Sustainable Law programme research published today in Science.