The international carbon market landscape contin ued to evolve rapidly in 2024, reflecting the grow ing urgency of addressing climate change and addressing it through cost-effective policy instru ments. Compliance markets remain at the forefront of these efforts, serving as a cornerstone of climate change policy frameworks worldwide. This report examines the current state-of-play in international carbon markets, highlighting both the progress and challenges faced by key systems globally. From the expansion of established markets to the develop ment of new initiatives, the report provides an anal ysis of the trends shaping carbon markets.
The International Court of Justice (ICJ)’s Advisory Opinion on Obligations of States in Respect of Climate Change, delivered on July 23, 2025, 1 marks a pivotal moment in international climate [...]
The electricity market design reform repositioned capacity markets: they are no longer regarded as last-resort, temporary measures. In practice, their perimeter is also expected to expand, with at least seven [...]
This article provides an overview of the most relevant cases decided by the Court of Justice of the European Union concerning contract law. The present issue covers the period between [...]
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