Nicholas Kramer, Angela Croker and Rekha Ajoodha from law firm Norton Rose Fulbright look at the possibilities for the energy transition in the Middle East On 12 December 2015, global leaders of 196 countries congregated at COP 21 in Paris to negotiate and resolve the world’s first legally binding treaty on climate change (the Paris Agreement), which sets a goal to limit global warming to well below 2°C, preferably to 1.5°C, compared to pre-industrial levels. Underpinning this goal is the energy transition, aptly defined by S&P as ‘a transformation of the global energy sector from fossil-based systems of energy production […]
Technical features
November 20, 2025
