Laura Otýpková
Lawyer and Head of the Responsible Energy Team
An unprecedented decision was made at the Municipal Court in Prague in the historically first Czech climate litigation, for which Frank Bold Advokáti provided legal expertise.
According to the court, the state should now take the necessary measures to slow down climate change. In particular, it should take the necessary steps to reduce greenhouse gas emissions in the fields of energy, transport and forestry. The state was given six months to comply. This is the first similar decision in the Czech Republic, but we have seen the same decision to be made already by courts in Germany, the Netherlands or Ireland.
"The court, like the courts of other European and world states, has assumed that international climate protection obligations directly imply the rights of individuals. He stated that the measures set out in the strategic documents of the Czech ministries are clearly not sufficient to achieve even the minimum emission reduction target by 2030 set by the European Union,” summed up the court's verdict our lawyer Pavel Černý.
The Czech government presented five key priorities it wants to focus on during the Presidency of the Council of the European Union, beginning on 1 July. The priorities include post-war reconstruction of Ukraine, energy security, strengthening European defence and cybersecurity, as well as the resilience of the European economy and of democratic institutions. However, according to Frank Bold experts, there is a lack of emphasis on the green transition - which is crucial for both energy security and economic resilience.
European companies can now take a look at the draft sustainability reporting standards they will report against in the coming years. The drafts were developed by the EFRAG Project Task Force on EU Sustainability Reporting Standards, with the participation of two Frank Bold representatives - Head of the Responsible Companies Section Filip Gregor, and Joanne Houston, from Frank Bold's Brussels office. Both experts will continue contributing to the development of the EU standards as members of the newly established EFRAG Sustainability Pillar.
As part of its strategy to implement the European Green Deal and the Action Plan on Financing Sustainable Growth, the European Commission presented its proposal for a Corporate Sustainability Due Diligence Directive (CSDDD).
