Principles on Climate Obligations of Enterprises

Climate change is the most important challenge humankind has ever faced. It is commonly accepted that GHG emissions must be reduced at great pace and to a significant extent to keep global warming below 2 (or, preferably, 1.5) degrees Celsius. This can only be reached if the obligations of major players-States, enterprises and investors-are sufficiently clear. The Oslo Principles aim to discern the legal obligations of States. The current Principles focus on the obligations of enterprises and in