Partner Cassandra Lim, of international law firm Trowers & Hamlins has participated in the Climate Policy Monitor, a new study launched by the University of Oxford.
The study collaborates with 48 leading international law firms and was published during the 2024 United Nations Climate Change Conference which was held from 11 – 22 November in Baku, Azerbaijan (COP 29). The Monitor seeks to provide an in-depth analysis of how economic regulations and policies align with the Paris Agreement objectives across 30 jurisdictions (G20+) including Singapore.
The Monitor will be a regularly updated public resource evaluating the ambition, comprehensiveness, and stringency of climate-related regulations. It evaluates national regulations in three key domains:
- Climate-related disclosure: regulations that recommend or mandate corporates and financial institutions to publicly report on the emissions associated with their activities and/or their exposure to climate risks.
- Transition planning: regulations that recommend or mandate corporates to define and/or implement targets towards decarbonisation.
- Public procurement: regulations that recommend or mandate governments to consider climate objectives in their procurement practices.
Partner Cassandra Lim contributed to the study, focusing on the aforementioned domains from a Singapore perspective:
“We are delighted to have the opportunity to contribute to this meaningful initiative led by the amazing team at Oxford. This research is a critical step towards deeper understanding of the regulatory regimes surrounding climate change for these jurisdictions which in turn help to identify areas where policymakers and regulators can strengthen and align economic rules to cultivate a level playing field for achieving net zero.”
The Monitor's findings, including details for each participating country, can be accessed at climatepolicymonitor.ox.ac.uk.
