Policy & Standards

EU Parliament adopts Nature Restoration Law

The law now has to be adopted by the EU Council before entering into force.

Melodie Michel

27 February 2024

Policy & Standards

CSDDD vote: Make-or-break week for EU due diligence directive

It’s unclear whether advocates of the bill have managed to garner sufficient support during the hiatus.

Melodie Michel

27 February 2024

Policy & Standards

CBAM will bring only minimal emissions reduction, ADB warns

ADB found that CBAM will reduce global emissions by just 0.2% more than a regular emissions trading scheme.

Melodie Michel

26 February 2024

Policy & Standards

SEC said to have removed Scope 3 requirement from climate rule

The agency received 16,000 comments on its initial draft, and that the majority of them opposed Scope 3 reporting.

Melodie Michel

23 February 2024

Policy & Standards

EU Carbon Removal Certification Framework: Provisional deal leaves many gaps

The framework provides more clarity on how to generate credits from carbon farming but lacks greenwashing safeguards.

Melodie Michel

20 February 2024

Policy & Standards

CSDDD: What would a failed EU due diligence legislation mean for businesses?

Observers are increasingly doubtful that the EU’s flagship supply chain due diligence legislation will make it past the finish line before EU Parliament elections this June.

Melodie Michel

19 February 2024

Operations & Finance

US$2 trillion a year needed to meet 2030 renewable energy goal

The world is on track to invest US$6.6 trillion in renewables and grids from 2024 to 2030, leaving a funding gap of just over US$5 trillion.

Melodie Michel

13 February 2024

Policy & Standards

Chinese stock exchanges eye mandatory climate disclosures for listed companies

The current draft mandates annual Scope 1 and 2 emissions reporting, as well as comprehensive climate adaptation assessments and governance disclosures.

Melodie Michel

12 February 2024

Policy & Standards

EU postpones due diligence directive vote amid wavering support

The European Council decided to wait after realising the bill would likely not get the qualified majority needed to pass.

Melodie Michel

12 February 2024

Policy & Standards

CSDDD: EU due diligence law’s fate hangs in the balance as Council heads for vote

The law appeared headed for easy approval, but conservative debates in Germany and Finland have since cast doubt on its future.

Melodie Michel

09 February 2024

climate reporting

Climate disclosures grow, but quality still lacks: CDP

“The stark reality is that we are incredibly far behind where we need to be, and progress is much too slow.”

Melodie Michel

08 February 2024

Policy & Standards

EU 2040 climate target bets heavily on CCS, backtracks on agriculture

The new recommended target is deemed “not quite 1.5°C compatible”.

Melodie Michel

07 February 2024