Economist Podcasts Strong suits: climate litigation
Apr 27, 2022
Katrine Bragg, Environment editor for The Economist, reveals how activists are turning to climate litigation to demand accountability from governments and corporations. Young people are driving this growing movement, leveraging legal action like the Urgenda case in the Netherlands. Meanwhile, Greg Karlstrom, Middle East correspondent, uncovers the intertwined nature of Egypt's military and economy, exposing how military control stifles the private sector despite government promises. The discussion highlights the broader implications for investors and businesses amid global challenges.
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Climate Litigation on the Rise
- Climate activists are increasingly using litigation to pressure governments and companies.
- Lawyers are testing various legal arguments related to climate change.
Urgenda Case
- The Urgenda Foundation successfully sued the Dutch government for inadequate emissions targets.
- This case led to increased targets and inspired similar lawsuits in other countries.
ClientEarth vs. Enea
- ClientEarth bought shares in Enea, a Polish power company, to sue its directors.
- They argued that building a new coal plant was a breach of fiduciary duty, leading to the project's cancellation.