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Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Global | Publication | August 2020
This year, Australia experienced horrific bushfires, described as the most “evident and deeply traumatic experience of the huge impacts of climate change” by Christiana Figueres, the former Executive Secretary of the United Nations Framework Convention on Climate Change. Also this year, the Paris Agreement, which Ms Figueres helped to deliver, invites governments to set and communicate their long-term 2050 goals, and shorter-term targets up to 2030 to decarbonise their economies.
Since the first edition of our publication in January 2017, all states and territories have been steadily progressing their own policies and taking significant actions to reduce emissions, support renewable energy development, and increase energy efficiency. In the absence of a long-term target adopted by the Federal Government, on 9 July 2020, Australia achieved a de facto national target of net-zero emissions by 2050 when the Northern Territory Government released its Climate Change Response.
The Federal Government’s current target under the Paris Agreement is to reduce emissions by 26-28 per cent on 2005 levels by 2030. This builds on Australia’s target set under previous international conventions to reduce emissions to 5 per cent below 2000 levels by 2020. Based on the Federal Government’s 2019 emissions projection report, and with the existing policies in place at a Federal level, Australia is not expected to be able to meet the 2030 target without the use of Kyoto units carried over from previous commitment periods under the Kyoto Protocol (the predecessor to the Paris Agreement).
This second edition of our climate policy update provides the readers with:
This edition was authored by Elisa de Wit, Jacqueline Plant, Luke Havemann, Sonali Seneviratne, Laura Waterford, Krista MacPherson, Nancy Zheng, Sasha Aronson, Huw Calford, Nancy Zheng, James Nunez, Madeleine Begg-Cotter, John Tullio and Nabil Abrahams.
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We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
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The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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