On Tuesday, the EU Parliament unleashed a legislative game-changer in the global climate battle, adopting the world’s first carbon border tax (CBAM). The MEPs also formally adopted the deals reached with the Council in December 2022 on several other critical pieces of legislation, including the closely-related revised EU’s Emissions Trading System (“EU ETS“) and a new Social Climate Fund (“SCF“), all a vital part of the EU’s Fit for 55 package, designed to help the bloc cut greenhouse-gas emissions by 55 percent by 2030 against a 1990 baseline.

White & Case has advised Columbus Energy on the admission and listing of all the company's shares on the Warsaw Stock Exchange main market and the transfer of its shares from the NewConnect alternative market, on which the company had been listed since 2011.

Taylor Wessing has advised a consortium of banks and financial institutions on the PLN 1.65 billion financing provided to Jastrzebska Spolka Weglowa under a sustainability-linked loan formula. White & Case advised JSW.

Andrejic & Partners has advised Villa & Spa Stevic on submitting its successful application to the EU for Cultural Heritage and Tourism project.

DWF has advised Nebo Solar on the sale of its 100-megawatt solar projects portfolio to Hep Global. Osborne Clarke reportedly advised Hep Global.

Political turmoil and contentious policy changes could cloud the investment climate in Montenegro, but the economy is still performing well – primarily driven by the IT, energy, and tourism sectors – according to Pejovic Legal Partner Milena Roncevic Pejovic.