Green Deal definition

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Green Deal considerations in property transactions—checklist

Green Deal considerations in property transactions—checklist The Green Deal The Green Deal is a scheme, originally designed by the government, now backed by private investors, that enables landlords and tenants to make energy efficiency improvements to residential and commercial property funded through a ‘pay-as-you-save’ approach. Green Deal providers arrange low-cost finance for the improvements without having to pay any up-front costs. Instead, the costs of making the energy saving improvements are added to the energy bills at the property and paid off in instalments by the energy bill payer in line with the Green Deal Golden Rule. The Golden Rule is that the expected financial savings resulting from the energy efficiency measures must be equal to or greater than the costs attached to the energy bill. The burden of the repayments remains with the property, and therefore transfers to the new owner/occupier when a building is sold/let. The Green Deal is also complemented by the Energy Company Obligation, which replaced the Carbon Emissions Reduction Target and the Community Energy Saving...

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EU path to net zero—flowchart

EU path to net zero—flowchart The EU has set itself ambitious targets to reduce its greenhouse gas emissions progressively up to and beyond 2030 with the ultimate aim of reaching net zero emissions by 2050. The most recent commitments, laid out in the European Green Deal and enshrined into law through the European Climate Law, commit the EU to achieving a 55% reduction in carbon emissions compared to 1990 levels by 2030 and to achieving carbon neutrality, or a 100% reduction in carbon emissions compared to 1990 levels, by 2050. These emissions targets have driven rapid developments in recent energy and environmental policy and legislation. For more information, and to track developments in this area, see: • EU energy tracker 2025 • EU environment tracker 2025—climate action and air emissions • The European Green Deal—tracker • EU Climate

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Development of EU climate change policy

Development of EU climate change policy Context Humans are increasingly influencing the climate and the earth's temperature by burning fossil fuels, cutting down rainforests and farming livestock. All of this adds enormous amounts of greenhouse gases to those naturally occurring in the atmosphere, increasing the greenhouse effect and global warming. Some gases in the earth's atmosphere act a bit like the glass in a greenhouse, trapping the sun's heat and stopping it from leaking back into space. Many of these gases occur naturally but human activity is increasing the concentrations of some of them in the atmosphere, in particular: • carbon dioxide (CO2) • methane • nitrous oxide • fluorinated gases CO2 is the greenhouse gas most commonly produced by human activities and it is responsible for the majority of man-made global warming. Other greenhouse gases, such as methane and nitrous oxide, are emitted in smaller quantities, but they trap heat far more effectively than CO2. Rising emissions are caused by: • burning fossil fuels (ie coal, oil...

Bathing Water Directive 2006/7/EC—snapshot

Bathing Water Directive 2006/7/EC—snapshot Key information Bathing Water Directive Title Directive 2006/7/EC of the European Parliament and of the Council of 15 February 2006 concerning the management of bathing water quality and repealing Directive 76/160/EEC (Bathing Water Directive) Entry into force 24 March 2006 Transposition deadline 24 March 2008 National transposition measures See Eur-Lex information on national transposition measures, as provided by Member States Amendments —Regulation (EC) No 596/2009 of 18 June 2009. In force from 7 August 2009.—Directive 2013/64/EU of 17 December 2013. In force 1 January 2014. Note that this Directive is addressed to France only as regards its obligations arising from the change of status of Mayotte, which is now part of the EU. Subject Bathing waters, water quality Purpose The purpose of the Bathing Waters Directive (the Directive) is to preserve, protect and improve the quality of the environment and to protect human health by complementing the Water Framework Directive 2000/60/EC (WFD). It lays down provisions for: • the monitoring and classification of bathing water...

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Assured Shorthold Tenancy (England)

Assured Shorthold Tenancy (England) Agreement creating an Assured Shorthold Tenancy (England only) Important This is a legally binding document. Please read it carefully to ensure that it contains everything you want and nothing you are not prepared to agree. date [date] Parties 1 [name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Landlord) 2 [name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Tenant) 3 [[name of Guarantor] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Guarantor)] 1 Definitions In this Agreement, the following definitions apply: Communication Service • a telephone (other than a mobile telephone), the internet, cable television or satellite television; Deposit • a deposit of £[amount] to be held as security against a breach of any of the Tenant’s obligations in this Agreement; Fixtures and Fittings • any fixtures...

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Does the Consumer Credit Act 1974 apply to a UK director receiving a loan from a Jersey company?

Does the Consumer Credit Act 1974 apply to a UK director receiving a loan from a Jersey company? If a company proposes to make loans or extend credit to its employees and directors for any purpose, it will need to consider the impact of the UK’s Consumer Credit Act 1974 (CCA 1974) and the consumer credit legislation under the Financial Services and Markets Act 2000 (FSMA 2000). We refer you to Practice Note: Consumer credit—loans to employees and directors and employee share schemes which provides useful guidance on this topic. The definition of a regulated credit agreement is set out in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (RAO), SI 2001/544, art 60B, and is key to: (i) determining if a person is carrying on certain credit related regulated activities and (ii) is within scope of CCA 1974. Under RAO, SI 2001/544, art 60B(3), a regulated credit agreement (in relation to an agreement other than a green deal plan) that is entered into on or after 1...

Where a property is due to be demolished but will first be sold and leased back to the seller for a short time, will the exemption in regulation 8 of the Energy Performance of Buildings (England and Wales) Regulations 2012 apply?

Where a property is due to be demolished but will first be sold and leased back to the seller for a short time, will the exemption in regulation 8 of the Energy Performance of Buildings (England and Wales) Regulations 2012 apply? Vacant possession Under the Energy Performance of Buildings (England and Wales) Regulations 2012 (EPC Regs 2012), SI 2012/3118, reg 8(2): 'Regulation 6 does not apply in relation to any prospective buyer or tenant of a building other than a dwelling which is to be sold or rented out where— (a) the relevant person can demonstrate that— (i) the building is to be sold or rented out with vacant possession; (ii) the building is suitable for demolition; and (iii) the resulting site is suitable for redevelopment; and (b) the relevant person believes on reasonable grounds that the prospective buyer or tenant intends to demolish the building.' Chapter One of the Energy Performance Certificate (EPC) guidance for Non-Dwellings does not provide any further useful guidance, except in relation to the requirement that the...

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Energy weekly highlights—21 August 2025

This week's edition of Energy weekly highlights includes: a consultation by Ofgem on proposed changes to the electricity distribution licence Special Conditions to enable the TMO4+ grid connections reforms, by creating a new pass-through mechanism in the current price control of Distribution Network Operators (DNOs) which would enable them to pass-through ‘reasonable costs’ associated with the one-off ‘Gate 2 to Whole Queue’ (G2WQ). Relatedly, the evidence submission window for G2WQ closes next week, on Tuesday 26 August 2025 at 23:59. This is the final opportunity for developers participating in G2WQ to submit the required evidence and secure a firm grid connection. In addition this week, Ofgem has approved Uniform Network Code (UNC) Modification 0887, enabling bi-directional flows between the onshore gas National Transmission System (NTS) and Independent Gas Transporters (IGTs). Finally, we cover a High Court ruling on two applications for judicial review in relation to decisions made by the North Sea Transition Authority concerning the accelerated cessation of production and subsequent decommissioning of the Gryphon Floating Production Storage and...

Financial Services Regulation and Compliance—Banking and Payments May 2025

Ireland-Banking & Financial Service analysis: This article, was written by A&L Goodbody LLP’s Financial Regulation Advisory team. Domestically, the CBI published the second edition of the Authorisations and Gatekeeping Report 2024. At European level, the EBA updated the technical standards on resolution planning reporting.