Nationally Determined Contributions (NDCs) are commitments made by countries to reduce their emissions of greenhouse gases (GHGs) and limit the amount of climate change. NDCs are voluntary pledges made by countries as part of the Paris Agreement, an international agreement to combat climate change. NDCs are designed to be “nationally determined” by each country, based […]
On August 16th, 2022, President Biden signed into law the Inflation Reduction Act (“IRA”), one of the most ambitious and potentially impactful climate policies in US history. This marks a shift in US climate action and, by putting emissions firmly on a downward trajectory, it sends a global signal that the world’s largest historical emitter is now beginning to meet its responsibilities.