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Category: Government
The European Commission is preparing to propose the use of carbon credits purchased from other countries to help meet the European Union’s upcoming 2040 climate target. The official target—set for...
At its meeting on 25 June 2025, the Swiss Federal Council announced a decision to pause the ongoing revision of the Ordinance on Climate Disclosures for companies. The move reflects...
• Confirms continued commitment to anti-greenwashing law after confusion over withdrawal• Microenterprise exemption remains the key sticking point• Final outcome hinges on Council clarity and political consensus The European Commission...
Slovenia has launched its first sustainability-linked bond, raising €1 billion to support its environmental and climate objectives. The 10-year bond, maturing on 2 July 2035, carries a coupon rate of...
The UK government has released exposure drafts of its new UK Sustainability Reporting Standards (UK SRS), marking a significant step toward a modernised corporate reporting framework. The drafts are modeled...
A first-of-its-kind international coalition led by Singapore, the United Kingdom, and Kenya will issue shared global principles to strengthen voluntary carbon markets and scale climate finance ahead of COP30 in...
The EU Council has adopted a sweeping negotiating position that significantly scales back corporate sustainability reporting and due diligence rules, exceeding the deregulatory ambitions of the European Commission’s original Omnibus...
Governor Kathy Hochul has directed the New York Power Authority (NYPA) to develop and construct the state’s first new nuclear power facility in a generation, a zero-emission advanced reactor in...
Key Impact Points: EFRAG Responds to EU Push for ESRS Simplification EFRAG has released a progress report detailing its strategy to significantly simplify the European Sustainability Reporting Standards (ESRS), aiming...
The UK government has unveiled a sweeping 10-year industrial strategy aimed at slashing corporate electricity bills and cementing the country’s leadership in clean energy, advanced manufacturing, and frontier technologies. The...
On Friday, June 20, 2025, the European Commission announced its decision to withdraw the Green Claims Directive, a critical component of the EU’s Green Deal policy designed to protect consumers...
Norway has launched Longship, the world’s first full-scale value chain for carbon capture and storage (CCS), marking a global milestone in industrial decarbonization. The project integrates carbon capture, ship-based transport,...
France has passed sweeping legislation to rein in the environmental fallout of ultra-fast fashion, becoming the first major economy to take direct aim at global e-commerce giants like SHEIN and...
Australia has released its first sustainable finance taxonomy, providing a science-aligned, Paris-compatible framework to steer investments toward net zero. Developed by the Australian Sustainable Finance Institute (ASFI) with strategic oversight...
The U.S. Environmental Protection Agency (EPA) has proposed eliminating greenhouse gas (GHG) emissions standards for fossil fuel-fired power plants, marking a sharp reversal of the Biden administration’s climate-focused energy policies....
The Trump administration has taken formal steps to reverse a key ESG investment rule enacted under President Biden, which allowed retirement fund managers to consider environmental, social, and governance (ESG)...
Governor Kathy Hochul has unveiled a historic $1 billion Sustainable Future Program as part of New York’s FY 2026 Enacted Budget, advancing the state’s most ambitious environmental and agricultural agenda...
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
The U.S. federal government has ordered an immediate halt to construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind farm planned to serve New York City, signaling...
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