Restructuring in Europe – the impact of the withdrawal of temporary measures and the evolving landscape
Essential UK Pensions News
Essential UK Pensions News covers the key pensions developments each month.
EU Green Deal and Maritime Fuel
As we reported here, in July 2021, the EU published its update to the ‘green deal’, known as “Fit for 55” in reference to the 55% reduction in carbon emissions targeted for 2030.
EU ETS and Shipping
On 14 July, the EU Commission’s draft legislation to update the Green Deal, “Fit for 55” (referring to the 55% target reduction in carbon emissions by 2035) was released, containing a number of proposals which could impact the maritime sector.
Essential Corporate News
This builds on its Green Finance Strategy published in 2019, and it sets out the Government’s long-term ambition to green the financial system and align it with the UK’s net-zero commitment.