ABSTRACT
Critical scholarship analysing climate change litigation has identified a growing species of lawsuits called ‘shareholder climate change litigation’ wherein the underlying motivation is to hold corporations liable for ‘climate change related financial risks’ associated with their business activities and their impact on the interests of their shareholders. However, the landscape of shareholder climate change litigation is very Global North centric, both quantitatively and qualitatively. The number of climate change cases against corporations brought by shareholders in a country of the Global South constitutes an alarming zero. This paper is an attempt to contemplate the ‘Legal Opportunity’ of proliferation of shareholder climate lawsuits in nations of the Global South. The central argument is that shareholder climate change litigation will increase even in the Global South and will positively influence the climate change litigation landscape, even if they are unsuccessful in terms of the judicial outcome.
€ (Springer)
Nikita Pattajoshi, Assessing the Climate of ‘Shareholder Based Climate Change Litigation’ in the Global South in European Yearbook of International Economic Law 2022. First Online: 24 November 2022.
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