Climate change transition risks
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COVID-19 prepared the industry for the potential impacts of Brexit in many ways. The issues faced from March 2020 onwards (including delays in imports, shortages of materials, increased prices and labour issues) were, in a sense, pre-empting what might come when the United Kingdom officially left the European Union.
In our previous article, we looked at the challenges facing designers in the energy from waste (EfW) sector. Since then, and putting aside the impact of COVID-19, it is fair to say that the UK’s growth in this sector has slowed considerably. But that is not due to a lack of appetite for investment. This article looks at the recent EfW deals which have been struck, the future for EfW projects in the UK, and the challenges which building designers face.
Sustainability in the middle east - transitioning to a lower carbon economy by building smart cities?
Imagine a city where you land in the airport from your flight, walk through and be taken on a high-speed underground only a short ride from the city centre. The facial recognition software inbuilt into the system already knows where you’re going – so an auto-shuttle picks you up to take you to your hotel. No need to check-in – the hotel already knows it’s you and you can sign into the room. The city has no cars, no streets and no carbon emissions. Everything you need is within walking distance.
Chancellor Rishi Sunak MP delivered his second budget yesterday which predominantly focused on maintaining, extending and creating new COVID-19 measures. This budget was a response to the pandemic first and foremost and, on that front, it more than delivered. Here, our commercial experts provide an overview of what the measures mean to businesses in a number of critical areas.
Case review 12/02/2021
The Supreme Court has handed down its decision in Okpabi and others (Appellants) v Royal Dutch Shell Plc and another (Respondents) [12.02.21].
Modern methods of construction increasingly requires integration of new technologies in construction processes and management, providing more efficiency, less contamination, more manageable data, and a wider scope of control on construction systems solutions and products.
Stress-testing for banks was first introduced as a response to the financial crisis in 2008/2009, and is used by the Bank of England to assess how banks can cope with severe economic scenarios in terms of capital requirements.
On 27 June 2019, the UK became the first major economy to pass laws to end its contribution to global warming by 2050. This requires the UK to reduce all greenhouse gas emissions to net zero. Climate change has become a concern that can no longer be ignored so the UK’s implementation of international climate obligations is positive.
Earlier this year, the Court of Appeal ruled that the planned expansion of Heathrow Airport was unlawful. In particular, the Court of Appeal determined that the Secretary of State for Transport had failed to take into account climate change obligations contained within the Paris Agreement on Climate Change when drafting the Airport’s National Policy Statement.
Hurricanes, severe flooding and destructive wildfire events have been steadily increasing both in terms of frequency and ferocity. It is generally accepted that the cause of this acceleration is global warming. Changes are being made around the world to move to a carbon-neutral or carbon-zero environment.