
Publication
Financing the space economy
The global space economy continues to boom, with a current estimated value of US $596 billion.
EMEA | Publication | July 2025
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy (the Strategy), setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector. This supports the DfT’s mission to reduce the lifecycle greenhouse gas (GHG) emissions used by UK domestic maritime to zero by 2050 and by at least 30% by 2030 and 80% by 2040 (relative to 2008), in line with the “highest level of international ambition” in the 2023 International Maritime Organization’s Greenhouse Gas Strategy.
As part of the Strategy, the DfT has developed five key policy measures:
The DfT has launched a public consultation in parallel with the publication of the Strategy.
Consultation to inform policy on the decarbonisation of smaller vessels
The DfT has committed to introduce emission reduction measures for vessels below 400 gross tonnage. Their consultation is intended to gather further evidence to inform policy making, seeking views on topics including but not limited to: operational costs of zero, or near zero, emission vehicles; existing and required infrastructure and capabilities; access to finance for the purchase of zero, or near zero, emission vessels; data collection and any opportunities or barriers to this transition. Responses to this consultation are required to be submitted by 23:59 BST on 25 July 2025. The full consultation can be found on the DfT’s webpage here.
Publication
The global space economy continues to boom, with a current estimated value of US $596 billion.
Publication
A major reform to the Mexican Federal Economic Competition Law has been published in the Federal Register, and is set to become effective.
Publication
On 9 July 2025, the High Court of South Africa, Gauteng Division, Pretoria, delivered a landmark judgment in the case between the Financial Sector Conduct Authority (FSCA) and Viceroy Research Partnership LLC.
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