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On November 30, 2020, Ordinance No. 589/2020 was published to update guidelines and criteria applicable to the environmental conciliation phase of IBAMA and ICMBio’s administrative procedures, while lasts the public health emergency situation caused by the pandemic of coronavirus (Covid-19).

President-Elect Joseph R. Biden comes to office with what has, correctly, been called a “transformational” plan for action to curb climate change and to cope with its unavoidable consequences.

The cornerstone of his policy1 — officially called the Biden Plan for a Clean Energy Revolution and Environmental Justice — is to recommit the United States to the Paris Agreement on climate change, and to set a target for the US to achieve net-zero carbon emissions by 2050. That target is generally accepted as being in line with the goals of the Paris Agreement on climate change which seeks to limit global climate heating to well below 2 degrees Celsius above pre-industrial levels, and ideally, to keep it closer to 1.5 degrees.2

The impact of the world’s largest economy pivoting to this new policy cannot be understated. It is particularly important given that it tops off two months in which several of the world’s major economies have now announced net-zero commitments.

Please join the Baker McKenzie team on Thursday, December 3 for a workshop on Supply Chain Risk Management and What It Means Under a Biden Administration. The discussion, slated to start at 12:10pm ET, will be part of the Luxury Law Summit. Baker McKenzie experts will address risk management in the supply chain…

The COVID-19 pandemic has risked stalling the commitment CEOs have shown to environment, social and governance (ESG) matters in the past decade.

Our white paper, Sustainable Success: Exploring Environmental, Social and Governance Priorities for Industrials through COVID-19 and Beyond, explores sustainability through a COVID-19 lens — uncovering practical ESG considerations for recovery and beyond with insight from industry leaders and our experts.

Welcome to the December edition of this quarterly publication that includes a variety of legal and market focused articles on current topics of interest in the world of trade finance. 

In our last edition, COVID-19 was the inevitable link between the articles we featured. In this edition, we bring into focus three major topics that are set to play their part in the global economic recovery process – technology, the transition to risk free rates and the role of environmental, social and governance (ESG) criteria in the financial markets. 

Please join us for a new weekly video series, hosted by Baker McKenzie’s North America Government Enforcement partners Tom Firestone and Jerome Tomas.

This weekly briefing is available on demand and will cover hot topics and current enforcement actions related to white collar crime and criminal investigations in the US and abroad to arm you with the information you need to start your business week.

As one of the largest global law firms, we will call upon our exceptionally deep and broad bench of white collar experts throughout the world and particularly in the commercial hubs of Europe, Asia, Africa and Latin America to join our weekly discussion series.

These briefings will cover:

High-profile DOJ case updates and implications
SEC enforcement developments 
CFTC enforcement developments
Other white collar defense industry developments