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Category: Government
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...
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,...
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