Interest Ratchet Clause for Carbon Saving
Laith & Irsa's Clause
An interest ratchet mechanism for loan facility agreements that lowers the cost of capital for companies who (directly or indirectly) save carbon in their operations.
Climate clauses:
Energy
Green Fuel Requirement and Termination for Greener Carrier or Shipper (Maritime)
Levi's Clause
Allows a customer to exit a shipping transportation agreement without incurring exit-related liability, unless the incumbent carrier/shipper can match the 'green' improvements of a competitor.
Landlord and Tenant Obligations to Create Additionality in Renewable Electricity Generation
Oisín’s Clause
A series of stepped options for commercial leases that help corporate landlords and tenants generate additional 'green' electrons for the electricity grid where their leasehold property is located.
Renewable Energy Requirements in Supply Contracts
Viola's Clause
A precedent clause for a supply agreement requiring the supplier/ contractor to procure energy from renewable sources.
Transparent Sourcing of Greener, Fairer Renewable Energy
Ayshe's Clause
A clause obliging stakeholders in renewable energy technology supply chains to lower their carbon emissions, minimise their environmental impact and safeguard against modern slavery.