On 6 July 2023, Legal Officer Priscila Andrade delivered a presentation on “Climate Change and Sustainability Clauses in Private Contracts” at the second meeting of the European Law Institute (ELI) project on “Climate Justice – New Challenges for Law and Judges”, which aims to explore new challenges for judges and legal practitioners relating to climate justice and to develop principles on issues including extra-contractual liability, remedies, and access to justice.
The event was organised at the Katholieke Universiteit Leuven (Belgium) by Professors Henrik Andersen (Copenhagen Business School), William Boyd (UCLA School of Law), Alberto De Franceschi (Università degli Studi di Ferrara) and Evelyne Terryn (KU Leuven).
The presentation explored the role that private contracts and sustainability clauses may play in the creation of an appropriate legal basis which may specify clearer rights and obligations, contributing towards improved access to climate justice. Attention was drawn to the UNIDROIT/IFAD Legal Guide on Agricultural Land Investment Contracts and to a number of new projects included in the 2023-2025 Work Programme, such as the projects on Legal Nature of Voluntary Carbon Credits, Corporate Sustainability Due Diligence in Global Value Chains, and the UNIDROIT Principles of International Commercial Contracts and Investment Contracts. The exploratory work on Access to Justice in Environmental Matters was also mentioned.