University of Oxford launches the Climate Policy Monitor
On November 13, 2024, the University of Oxford launched the Climate Policy Monitor, a new public resource developed in collaboration with 48 law firms from around the world to evaluate the ambition, comprehensiveness and stringency of climate change-related laws, regulations, and policies.
In this first year, the Climate Policy Monitor focused on three key domains across 30 jurisdictions:
- Public procurement: Rules that align a government's spending on its own operations with its climate goals
- Transition planning: Rules that require governments and companies to lay out steps they will take to align with climate goals
- Climate-related disclosure: Rules for companies and financial institutions reporting publicly on climate-related risks and opportunities
The Climate Policy Monitor was launched at the 2024 United Nations Climate Change Conference, or COP29, and its findings are supporting the work of the United Nations Taskforce on Net Zero Policy, including its recently launched report, Net-Zero Policy Matters, published on November 14, 2024.
The rich data, available through the Climate Policy Monitor, show specific areas where regulators can strengthen and align economic rules to create a level playing field and help others achieve their net zero goals. Over the next year, the Monitor will be expanded to further domains and jurisdictions.
Further information can be found on the University of Oxford’s website.
Net Zero Regulation and Policy Hub (the “Hub”), which produces the Climate Policy Monitor, is a collaboration between the Blavatnik School of Government and the Oxford Sustainable Law Programme (which is a joint initiative of the Oxford Smith School and Oxford's Law Faculty).