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Claire Dietz-Polte

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Claire Dietz-Polte ist Counsel bei Baker & McKenzie Partnerschaft von Rechtsanwälten und Steuerberatern mbB

In December 2019, the European Commission launched the Green Deal, a comprehensive sustainability strategy with specific measures to make Europe climate neutral by 2050. According to the International Air Transport Association (IATA), commercial aviation is responsible for 2-3% of the global carbon emissions. In terms of the European Union, aviation accounts for 3% of the EU’s total greenhouse gas emissions. Due to the steady increase in emissions in the aviation sector since 1990, action in this area to address climate change is essential.

As corporates continue to be challenged, to develop and deliver on sustainability goals, and seek to hedge electricity prices in an extraordinarily volatile market, global corporate PPA volumes continue to soar despite the economic fallout caused by COVID-19. With the global market for corporate PPAs rapidly evolving and becoming more…