Climate Change: New Duties and Liabilities in Insolvency?

The primary aim of the project is to provide legal practitioners with clear, actionable insights into how climate change considerations are affecting their duties and liabilities in insolvency procedures. As climate risks grow in urgency, legal frameworks must evolve to ensure that climate-related considerations are integrated into their legal frameworks, including but not limited to insolvency processes. The project will identify legal trends throughout the globe to:

  • Offer detailed guidelines on how directors, insolvency practitioners, and judges should navigate climate risks in insolvency and restructuring contexts.
  • Produce a comparative analysis of the legal frameworks governing these issues across multiple regions.
  • Deliver policy recommendations to improve the integration of climate risks into insolvency and restructuring laws.

Project funding

This project is funded by INSOL International, in collaboration with the INSOL Academic Steering Committee (ASC).

Project outcomes

The expected deliverables for this project are as follows:

  • Jurisdictional/Regional Reports for Practitioners: These reports will serve as practical guidelines for professionals.
  • INSOL International Academic Publication: This publication will be aimed at both practitioners and academics to offer comprehensive overview of the project’s findings.

Project team



Conceptual image representing climate change