Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
France | Publication | October 2023
The European Commission (EC) has just published a European Wind Power package including a Wind Power Action Plan, which aims at helping the European wind industry navigate the current challenging context (i.a. covid recovery, Russia’s invasion of Ukraine, problems of access to raw materials).
The Action Plan lists the key issues identified by the EC (e.g. rising inflation, unpredictable demand, lengthy and difficult permitting process, unfair competition from foreign operators) and proposes measures, organised around six main areas, like access to finance and fairer competition, to deal with these issues. The EC notably points to its band new powers to review Foreign Subsidies that may distort competition within the European market and calls for pro-active engagement of European operators in this regard.
Although this Action Plan should be welcomed as it aims to protect Europe's green industry and strengthens the initial measures outlined in Fit for 55 package and the Renewable Energy Directive (RED III), from a French perspective, it questions the adequacy of the measures recently introduced by the legislator (as the recent Law of 10 March 2023 to encourage the acceleration of renewable energy projects) to sufficiently accelerate the development of renewable energy projects in general and wind power projects in particular, and our economic and energy sovereignty.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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