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Category: Government
State officials have directed more than $23 million toward a new wave of building and industrial decarbonization projects, tying climate action directly to regional economic development priorities across New York....
• The European Commission plans legal changes in early 2026 to tighten documentation, customs tracking, and audits of recycled plastic imports.• Europe’s plastics recycling industry has lost more capacity in...
Japan has taken a decisive step toward restarting the world’s largest nuclear power plant after a regional assembly vote cleared the final political hurdle for Kashiwazaki-Kariwa to resume operations. The...
Ottawa Moves To Operationalize Sustainable Finance Framework The Government of Canada has moved from commitment to execution on its long promised sustainable finance taxonomy, announcing concrete next steps to shape...
Berlin moved on Wednesday to reset its industrial and investment strategy, unveiling a €30 billion ($35.2 billion) vehicle designed not to spend public money directly, but to unlock far larger...
Parliament clears Omnibus I package The EU Parliament has approved a provisional agreement with EU member states to scale back sustainability reporting and due diligence requirements for companies, marking one...
• The EU plans to expand its Carbon Border Adjustment Mechanism to cover car parts, household appliances, and downstream steel and aluminium products to close carbon leakage loopholes.• Draft proposals...
• New York will require mandatory greenhouse gas reporting from facilities emitting 10,000 metric tons of CO2e or more, beginning in 2027, covering power, fuel supply, waste, and industrial sectors.•...
• EU lawmakers agree on a binding 90 percent net emissions reduction target for 2040, shaping the bloc’s pathway to climate neutrality by 2050.• Deal introduces expanded use of international...
• Uzbekistan activates its first utility scale integrated solar and battery facility, advancing its 2030 goal of 54 percent renewable power.• Masdar’s expanding Central Asia portfolio now exceeds 2 GW,...
• Draft proposals would allow one environmental management system per company instead of site level reporting• Industrial facilities may no longer need climate transformation plans or disclosure of hazardous chemical...
• BoE finalises strengthened climate risk expectations for banks and insurers, replacing 2019 rules.• New policy requires stronger board accountability, better scenario use, and improved data quality.• Firms must review...
• New York City’s pension systems have achieved a 37% cut in financed emissions since 2019 but identify three major asset managers that fall short of net-zero expectations.• BlackRock’s rollback...
• The EU Ombudsman found the Commission committed “maladministration” by rushing its Omnibus sustainability reforms without following its own Better Regulation rules.• The inquiry revealed a sub-24-hour internal consultation, unclear...
• The UK has added nuclear energy to its green financing framework, allowing green gilt proceeds to fund nuclear projects from November 27.• The shift comes amid diverging views from...
• England’s water utilities have issued £10.5 billion in green bonds since 2017, yet sector-wide environmental performance deteriorated last year.• Major issuers Anglian Water (£3.5 billion) and Thames Water (£3.1...
• Vietnam restates its net-zero 2050 commitment and prepares new legal frameworks to attract global green capital and advanced technologies.• Experts at the Autumn Economic Forum 2025 highlight Vietnam’s potential...
• Parliament backs a one-year delay to the EU’s deforestation-free supply chain law, pushing obligations for large companies to 2026.• Lawmakers ask the Commission to conduct an early 2026 review...
• The two countries signed an MoU to develop an Article 6.2-aligned carbon credit implementation agreement that will allow Singapore’s carbon-taxed emitters to offset up to 5 percent of their...
• European Commission proposes major overhaul of the SFDR to reduce complexity and cut reporting costs across the financial sector.• New three-tier ESG product categorisation aims to improve clarity for...
• Federal appeals court pauses SB 261, delaying climate-risk disclosures for thousands of companies operating in California.• SB 253, the state’s emissions-reporting law, continues toward its 2026 rollout despite industry...
• Business groups petition the Supreme Court to pause California’s emissions and climate-risk disclosure mandates as lawsuits advance.• Two laws could require more than 6,000 companies operating in the state...
• Hong Kong issues HK$10 billion (USD1.28 billion) in multi-currency digital green bonds, the largest digital bond offering globally to date.• First integration of tokenised central bank money (e-HKD and...
• New protocol enables governments to use private-sector crediting programmes for Paris Agreement compliance, expanding the supply of eligible emission reductions.• Standardised procedures aim to reduce market risk and improve...
• Parliament endorses 90 percent emissions reduction by 2040, with up to 5 percent met through foreign carbon credits.• Target falls short of scientific advice for a 1.5°C-aligned pathway, yet...
A decisive start in Belém The global climate gathering in Belém, Brazil opened under a rare display of unity as delegates adopted the official agenda on day one and elevated...
Brussels Backs Softer Green Conditions Amid Farmer Pressure The European Union has agreed to relax environmental conditions attached to its flagship Common Agricultural Policy (CAP), one of the bloc’s most...
• CSIRO’s new roadmap identifies capacity for up to 330 Mt of CO₂ removals annually by 2050 using novel technologies.• Developing a carbon dioxide removal (CDR) sector could help Australia...
Leaping into action in a nascent market In Singapore, the carbon-credit offset regime is now gaining structured depth. The NEA announced on 7 November 2025 that BeZero, Calyx and Sylvera...
Brussels Sets 2040 Climate Goal After marathon overnight talks, European Union environment ministers reached an agreement to reduce greenhouse gas emissions by 90% by 2040, compared to 1990 levels. The...
• Market-cap threshold for mandatory climate disclosures raised from NZ$60 million to NZ$1 billion (about US$573 million).• Managed investment schemes removed from the regime, cutting reporting entities from 164 to...
Morocco Positions for Post-Coal Energy Future Morocco has pledged to eliminate coal power by 2040, provided it can attract sufficient international climate finance to support the transition, according to the...
• France’s new development minister Eleonore Caroit says Paris will continue backing the World Bank’s 45% climate finance target despite U.S. opposition.• The Trump administration is pressing the lender to...
• Clean energy workforce set to nearly double to 860,000 by 2030, backed by £50 billion in private investment since 2024.• National strategy outlines 31 priority occupations — from electricians...
• The Federal Reserve, FDIC, and OCC have jointly rescinded the 2023 climate risk management principles for large financial institutions.• Regulators said existing safety and soundness standards sufficiently address all...
• Indonesia lifts its four-year moratorium on international carbon trading through a new presidential decree.• Cross-border transactions can resume under national or international standards, tracked by a decentralized real-time registry.•...
• South Korea to require 1% SAF blending for all international departures by 2027, increasing to up to 10% by 2035.• Airlines must source 90% of annual refuelling volumes from...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
• Bureau of Land Management postpones Wyoming coal lease covering 365 million tons of reserves.• Montana auction earlier in the week drew only one bid at less than $0.01 per...
• The European Commission has delayed the adoption of sustainability reporting standards for non-EU companies under the Corporate Sustainability Reporting Directive (CSRD) until at least October 2027.• The delay is...
Advancing High-Integrity Carbon Markets Carbon removal platform Puro.earth has signed a Letter of Intent (LoI) with Indonesia’s Ministry of Environment and the Environmental Protection Agency to advance the country’s use...
• $7 billion funding package extends Germany’s climate protection contracts to include carbon capture and storage (CCS) for the first time.• Targets heavy industries — chemicals, steel, cement, and glass...
Albany expands farm conservation finance New York is channeling $25 million into farm-based water quality projects, the largest single round of funding in the history of its Agricultural Nonpoint Source...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...
Brussels Pushes Back Deadline The European Commission will delay implementation of the EU’s landmark deforestation law by another year, citing fears that its digital infrastructure cannot handle the compliance load....
Sacramento sets scope for sweeping disclosure regime California regulators have published a list of more than 4,000 companies that must begin disclosing greenhouse gas emissions and climate-related financial risks under...
Washington Pulls Back on Renewable Commitments The U.S. Department of Energy confirmed plans on Wednesday to cancel more than $13 billion in federal funds pledged under the Biden administration to...
Australia has raised its climate ambition, committing to cut emissions by 62–70% by 2035 compared with 2005 levels, a significant step up from its previous target of 43% by 2030....
Rising Influence of Family Offices in ESG The latest survey from the Sustainable Finance Initiative (SFI) indicates a profound shift in global capital allocation, with 90% of family offices now...
Ghana and Singapore are strengthening their cooperation on sustainable development and agribusiness following bilateral talks in Singapore. The two countries confirmed they will deepen collaboration across carbon markets, modern agriculture,...
The Tourism Authority of Thailand (TAT) is positioning ESG tourism as a key driver of sustainable growth, reporting a 20% rise in community income in just two months under its...
Copenhagen readies first EU-compliant sovereign green bonds Denmark is preparing to enter capital markets with what would be the world’s first sovereign bonds issued under the EU Green Bond Standard...
Poland Steps Into Carbon Removal Kielce, a city in southeastern Poland, is preparing to host the country’s first direct air capture (DAC) installation, a pilot facility designed to remove carbon...
Sacramento Moves First on Climate Disclosure The California Air Resources Board (CARB) has released its draft checklist to guide companies as they prepare for compliance with the state’s new climate...
A federal judge in Texas has pressed pause on the state’s latest bid to rein in the use of environmental, social and governance considerations in corporate proxy advice, dealing a...
Vietnam has approved the transfer of one million tons of CO₂ emission reductions generated from plantation forests in the north-central region to the International Bank for Reconstruction and Development (IBRD),...
Spain has launched a sweeping climate emergency plan that tightens corporate disclosure rules and ramps up its clean energy transition, following wildfires that burned more than 300,000 hectares. The strategy...
At the Franco-German Council of Ministers in Toulon, President Emmanuel Macron and Chancellor Friedrich Merz endorsed a bilateral energy roadmap that recognizes nuclear power as part of Europe’s energy transition....
Singapore’s regulators are easing the pressure on smaller businesses by extending timelines for climate reporting. The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) announced that...
The Government of Canada has committed $2.5 million to Metro Vancouver’s Waste-to-Energy District energy project, marking a significant step toward sustainable urban heating. Announced by Wade Grant, Parliamentary Secretary to...
China will impose absolute emissions caps in selected industries beginning in 2027, marking a major shift in the country’s approach to carbon regulation. The announcement, made by the State Council...
China has rolled out a pilot program aimed at channeling global capital into its green economy through foreign debt financing. The initiative, launched by the State Administration of Foreign Exchange...
The UK has launched a public consultation on new draft Transition Finance Guidelines, a framework designed to unlock capital for high-emitting industries and position the country as a global hub...
Montana Busch built his solar company on the promise of steady incentives and rising demand. This summer, that promise is colliding with political reality. Busch, who founded Alternative Energy Southeast...
The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the Department of Energy (DOE) says will help the country access growing carbon markets...
In a decision with far-reaching implications for corporate climate accountability, a federal judge this week ruled that California’s groundbreaking climate disclosure laws—SB 253 (emissions reporting) and SB 261 (climate-related financial...
The UK’s Financial Conduct Authority (FCA) says the sustainability-linked loan (SLL) market has taken “important steps in the development of a credible transition finance ecosystem” since its 2023 review, with...
Qatar is accelerating its sustainable transformation by issuing its first sovereign green bonds and updating its sovereign green assets register, the Ministry of Finance confirmed. The $2.5bn green bond issuance...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Germany’s cabinet has approved a reform bill aimed at rapidly advancing carbon capture and storage (CCS) infrastructure, a critical step in the country’s plan to reach carbon neutrality by 2045...
The European Commission has launched a public consultation and Call for Evidence to inform the development of its forthcoming Circular Economy Act, aiming to accelerate the EU’s shift away from...
EFRAG has released revised and simplified Exposure Drafts of the European Sustainability Reporting Standards (ESRS), launching a 60-day public consultation to gather feedback from stakeholders across the EU corporate reporting...
Governor Kathy Hochul has announced the availability of more than $21 million through New York’s Clean Mobility Program to fund scalable, zero-emission transportation projects. The initiative supports community-led demonstration projects...
The European Commission has introduced a new voluntary sustainability reporting standard aimed at small and medium-sized enterprises (SMEs), providing a simplified framework to meet growing information demands from financial institutions...
In a move that could signal a shift in global climate finance, China has reaffirmed its intention to invest in the Brazil-led Tropical Forests Forever Facility (TFFF)—a multilateral fund aimed...
Saudi Arabia has taken a significant step in its climate strategy by inaugurating the country’s first Direct Air Capture (DAC) demonstration unit, located at the King Abdullah Petroleum Studies and...
In a move that could reshape global climate accountability, the International Court of Justice (ICJ) delivered its highly anticipated advisory opinion on July 23, 2025, clarifying state obligations regarding climate...
Abu Dhabi has launched its first Climate Change Adaptation Plan for the Environment Sector (2025–2050), establishing a long-term, science-based strategy to build climate resilience across the emirate’s natural systems. Developed...
• SEC tells court it won’t review climate rule—and won’t commit to enforcing it• Commissioner Crenshaw: “The unspoken truth is the answer is no”• Legal uncertainty clouds future of U.S....
EU-China Joint Climate Statement Marks New Phase in Green Cooperation At the EU-China Summit in Beijing, held during the 50th anniversary of diplomatic ties and the 10th anniversary of the...
The Science Based Targets initiative (SBTi) has officially launched its Financial Institutions Net-Zero Standard, marking a major milestone in sustainable finance. For the first time, banks, asset managers, private equity...
Berlin — ESG News: Germany’s Federal Ministry of Finance is preparing to reinstate its Sustainable Finance Beirat, the national advisory board tasked with guiding the country’s sustainable finance strategy. The...
Drivers, businesses, and the public sector across the UK are set to benefit from a new £63 million government investment aimed at accelerating the electric vehicle (EV) transition, cutting charging...
Anjinho demands answers on lack of public consultation, impact assessment, and climate review What’s happening In a letter to Commission President Ursula von der Leyen, Anjinho questioned the Commission’s justification...
Singapore’s sustainable finance ecosystem has taken a significant step forward with the release of practical guidance for applying the Singapore-Asia Taxonomy (SAT), aimed at accelerating credible green and transition financing...
The European Commission has adopted a set of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), granting large companies a two-year delay in disclosing additional ESG-related data under...
The Australian Competition and Consumer Commission (ACCC) has granted conditional authorisation for the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance projects for the next...
In a significant blow to the European Commission’s anti-deforestation strategy, the European Parliament voted to reject the EUDR’s proposed country risk classification system—a key component underpinning its due diligence regime...
The UK government has secured a landmark £7.5 billion ($10 billion) investment agreement with Japan’s Sumitomo Corporation to accelerate clean energy and infrastructure development across Britain. The partnership, signed in...
Sri Lanka doubles down on sustainable finance Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), unveiled the Sustainable Finance Roadmap 2.0 on May 5 in...
Brussels – ESG News: The European Commission has launched a ‘Roadmap towards Nature Credits’ to attract private investment into biodiversity restoration and ecosystem preservation, rewarding businesses, landowners, and communities that...
The European Commission has adopted a Delegated Act to streamline the EU Taxonomy framework, significantly easing the compliance load for financial and non-financial companies. The changes are part of a...
UK local authorities are significantly increasing their climate efforts, identifying £67 billion worth of climate projects, even as nearly half say budget constraints are impeding progress. This is according to...
The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a...
A coalition of eight countries — France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda — has launched a global initiative to tax premium air travel and...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
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