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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | March 2022
The Taskforce on Nature-related Financial Disclosures (TNFD) has released a prototype of its risk management and disclosure framework for nature-related risks. The TNFD wants trustees to start taking action now.
The framework is designed to assist companies, investors and lenders in accounting for nature-related risks and opportunities in their decision-making. In effect, the TNFD aims to do for nature what the TCFD is doing for climate. It envisages governance and reporting frameworks which are consistent with, and complementary to, the TCFD framework.
Although the framework remains at a very early stage of development and there is presently no indication that it will be mandatory for pension schemes to comply, there is already an industry push for trustees to voluntarily consider the merits of nature-related disclosures.
The development of the TNFD framework is supported by various NGOs, corporates and financial institutions as well as by the G7 Finance Ministers.
The Taskforce is seeking feedback on the current iteration of the framework through its online portal. The final version is planned for September 2023.
Speaking at the PLSA 2022 ESG Conference, TNFD Co-Chair David Craig urged pension schemes not to wait for the finalised TNFD framework but to take action now by beginning to have conversations with investment managers and starting to consider climate and nature-related risks and opportunities in parallel. Trustees should therefore keep an eye on how this framework develops and the Government response.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
Publication
On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
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