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Climate Contract Playbook Edition 3

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Introduction Despite the continued uncertainty and restrictions imposed as a result of the COVID-19 pandemic, we are delighted to publish this, the 3rd Edition of the Climate Contract Playbook. For ‘we’, read every lawyer and other participant who gave minutes, hours, days, weeks or months of time and energy to collaborate, coordinate and innovate, expertly and relentlessly. ‘We’ are not an organisation, but a collaboration. ‘We’ are the sum of our participants. Embracing the shift to remote working, TCLP has created new ways of online collaboration, with our legal hackathons taking place completely virtually and building a Slack community to convene the legal profession and innovate on a daily basis. This pivot online has not just allowed our work to continue but also to accelerate, publishing the 3rd Edition only 6 months after the first. Since publication of the 1st Edition in February, there has been a surge of interest in our work. Our clauses are being incorporated into law firm precedents and commercial agreements across the world. We also have plans to translate the drafting to meet the conventions and legal requirements of other jurisdictions. However, the clock is ticking. Whilst we remain optimistic of making a difference, we must keep up the momentum and increase our impact. We are asking all lawyers to amplify our work and heed the International Bar Association’s call for lawyers to integrate climate considerations in their day-to-day legal practice. Climate change no longer lives in an ‘environmental box’ but is becoming a central element of commercial decision making. This will become even more pronounced as the global corporate community sign up to the UNFCC Race to Zero and build COP26 into their 2021 strategic plans. This is clearly an opportunity for impact and one we will work together to seize. As described in our Year [11] Impact Report 1 , we made great progress towards our shared goals of bringing together the legal profession to co-create and publish precedent clauses and model laws. This work continues with drafting for further publications already underway. However, we need your help to disseminate, promote and use the clauses to amplify their impact. The work we create must take on a life outside the pages of our publications, evolving and growing with each use, to achieve our shared goals in a way that is aligned to clients, climate and the business of law. In doing so we create new market norms. We cannot do this without you. Please get in touch with us and share your ideas and actions to ‘change the precedent, change the world’. The rest of 2020 is just as exciting as we look towards our annual ‘Big Hack’ taking place across multiple jurisdictions during November.

Thank you The year [10] Steering Group, The Chancery Lane Project

1 https://chancerylaneproject.org/s/TCLP-Year-11-Impact-Report-July-2020.pdf

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