Published On Mar 22, 2024
About this Event
How is climate litigation being used to compel financial institutions to fulfil their baseline responsibility to respect human rights? Under the UN Guiding Principles on Business and Human Rights, financial institutions (FIs) must not cause, contribute to or be directly linked to adverse human rights impacts arising from their own operations as well as their business relationships. Translating this responsibility to the climate crisis, civil society and affected rightsholders are initiating legal actions against FIs globally. They are seeking (i) the measurement, disclosure and alignment of their Scope 3 emissions with the Paris Agreement goals, and (ii) divestment or disengagement from projects, clients, or sectors characterised by high greenhouse gas intensity. This presentation will analyse 14 domestic court and OECD National Contact Point cases collected from five databases, illuminating a recent ‘rights-turn’ in climate litigation concerning the financial sector.
About the Speaker
Dr. Aylin Yildiz Noorda is a postdoctoral researcher at the Lisbon Public Law Research Centre, University of Lisbon. She has over 7 years of research and consultancy experience in public international law and corporations law aspects of climate change, sustainability, and ESG topics (including sustainable finance). Her current research project is funded by the Swiss National Science Foundation and focuses on sea-level rise. She holds a Ph.D. in Law (World Trade Institute, University of Bern, 2022), an LL.B. eq. (University of Istanbul, 2016), an LL.M. (University of Toronto, 2014), and an LL.B. Hons. (LSE, 2013).
About Melbourne Climate Futures
Melbourne Climate Futures (MCF) connects and amplifies the depth and breadth of University of Melbourne research, creates a portal to share ideas and collaborate on real action, and empowers the next generation of climate activists. We are committed to leading our national, regional and global communities to a sustainable, safe, fair and equitable climate future. Find out more at: unimelb.edu.au/climate
