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.
Meeting the goal of the European Green Deal to achieve no net GHG emissions by 2050 requires at least half trillion euros of additional investments in the EU every year and will involve significant market and regulatory changes targeting every sector of the economy. This will profoundly change how companies and their directors need to integrate sustainability concerns in their strategies and business decisions.
Frank Bold organised two online events to present the results of the research on the disclosures made by 300 companies on climate and environmental matters providing targeted presentation and insights for companies in Southern Europe and Central and Eastern Europe.
On Tuesday, October 6th, Filip Gregor, Head of our Responsible Companies section spoke at the conference on ‘Global Supply Chains - Global Responsibility: Human Rights and Decent Work in Global Supply Chains’ organised by the German Ministry of Labour and Social Affairs on the occasion of the German EU Council presidency.
