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19.09.19 7 NEWS DIFFICULTIES related to the interpretation and execution of promise of sale agreements are frequently the subject matter of disputes brought before the Courts. is became increasingly appar- ent in recent years with the boom in the construction industry and it is a situation which is also having a bearing on the legal profession where such scenarios have be- come more complex. "e Promise of Sale: Past & Pres- ent" is in fact the topic of the next talk in the Quarterly Law Seminar series launched earlier this year. e talk will be delivered by Dr Aldo Vella on Wednesday 9 Oc- tober at 12.00 noon at the Cham- ber of Advocates Conference Hall within the Courts of Justice. e Quarterly Law Seminars se- ries is an initiative by the Chamber of Advocates' Malta Law Academy in collaboration with the Faculty of Law at the University of Malta and is being coordinated by Dr David Fabri and Dr Tonio Borg, both Senior Lecturers in the Fac- ulty of Law. "Promise of sale agreements have long been an important factor in our daily life and the sale and pur- chase of immovable property is a characteristic of our society. Cases and disputes related to promise of sale agreements are becoming in- creasingly more complex and this is why I felt it was a good idea to choose this topic to provide some useful information about the posi- tion at law regarding the different issues and related difficulties that we as lawyers, come across on a daily basis," Vella said. e Quarterly Law Seminars series is in line with the Cham- ber of Advocates' commitment to strengthen the legal profession by offering more opportunities for more knowledge that ultimate- ly leads to a better and more in- formed legal community. Registration for this talk is €20 and seats are limited. Reserva- tion is recommended by email on events@avukati.org Law seminar to discuss promise of sale agreements, disputes The interpretation and execution of promise of sale agreements is often a matter of dispute THE provider of ride-hailing and scooter sharing services Bolt is set to start fulfill- ing its recently adopted climate goals in 2020 and will invest over ten million eu- ros to reduce its carbon footprint. Bolt said in a press release on Tues- day that as part of its Green Plan, a long-term commitment to reduce the ecological footprint of Bolt as a com- pany, their first step is to make all Bolt rides in Europe 100 percent carbon neutral by buying verified emission reduction, offsetting the carbon diox- ide emissions that Bolt rides create. The countries included in the CO2 offsetting project are Armenia, Aus- tria, Azerbaijan, Croatia, Cyprus, the Czech Republic, Finland, France, Georgia, Estonia, Hungary, Kazakh- stan, Latvia, Lithuania, Malta, Poland, Portugal, Slovakia, Sweden, Romania, Russia, Serbia and the UK. The founder of Bolt, Markus Villig, said that a more resolute approach needs to be taken to climate change than has been the case to date. "Let us start from facts. Climate change is for real, and greenhouse gases are its main cause. Today land transport accounts for 20 percent of European greenhouse gases. Bolt is a part of that ecosystem and also we are responsible for finding solutions to this problem. We are working every day to move towards energy effective means of transit -- be it electric cars, scooters, or making available other means of transit that are yet to be in- vented," he said. Villig said he hopes that Bolt's exam- ple will motivate also other companies to adopt ambitious goals in reducing their carbon footprint. "Bolt is in a unique position -- we can act ourselves and serve as an example to others. We hope that our initiative will have a proactive effect," he said. Specifically, the Green Plan is aimed at neutralizing Bolt's contribution to the CO2 emissions of the European transportation sector, with a mini- mum commitment of five million tons offset by 2025; reducing emissions by bringing scooters, electric cars and other environmentally friendly trans- port options for you to move in cities; and using renewable energy, and 100 percent offsetting where that is not available, in all Bolt offices around the world in 2020. Bolt's carbon offsetting projects will be sourced in cooperation with inter- national environmental experts from National Capital Partners. Bolt, formerly named Taxify, is pres- ently operating in over 30 countries and 100 cities. Bolt to invest over €10million to reduce carbon footprint

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