Litigation risk in the Voluntary Carbon Markets

Despite the scale of the industry (estimated to be worth over $2 billion in 2020 and to grow to around $250 billion by 2050) it is largely unregulated and fragmented with a lack of uniformity across different accreditation standards and methodologies.  New markets make for litigation risk and we are already seeing the emergence of a range of claims spanning greenwashing, tort, contract, securities law and regulatory investigations. On this panel discussion which will include perspectives from the industry, the bar, private practice and in house, we will discuss:

• Introduction to the VCMs and potential for claims
• Lessons learned from other misselling sagas
• Types of claim, including breach of contract, tort (misrep, deceit, conspiracy, fraud), greenwashing, BHRs and regulatory risk
• Consequences of claims
• Risk mitigation
• This event is co-hosted by Norton Rose Fulbright LLP and HKA.

Speakers:

• Holly Stebbing – Norton Rose Fulbright LLP 
• Julia Humpidge – HKA
• Patrick Hebreard – HKA
• John Robb – Essex Court Chambers
• David Mildon KC – Essex Court Chambers
• Cyril Vock – TotalEnergies