Hosts
- Julia Humpidge – HKA
- Patrick Hebreard – HKA
- Holly Stebbing – Norton Rose Fulbright LLP
- John Robb – Essex Court Chambers
- Cyril Vock – Total Energies
- David Mildon KC – Essex Court Chambers
- Spaces: 130
- Venue: Norton Rose Fulbright LLP
What this session will cover
This session will look at litigation risk in the voluntary carbon markets – an industry which is booming as businesses look to offset their carbon emissions and fulfil ‘net-zero’ commitments.
Despite the scale of the industry (estimated to be worth over $2 billion in 2020 and to grow to around $250 billion by 2050) it is largely unregulated and fragmented with a lack of uniformity across different accreditation standards and methodologies. New markets make for litigation risk and we are already seeing the emergence of a range of claims spanning greenwashing, tort, contract, securities law and regulatory investigations. This panel discussion will include perspectives from the industry, the bar, private practice and in house.
- Introduction to the VCMs and potential for claims
- Lessons learned from other misselling sagas
- Types of claim, including breach of contract, tort (misrep, deceit, conspiracy, fraud), greenwashing, BHRs and regulatory risk
- Consequences of claims
- Risk mitigation