Policy and Regulation
January 26, 2023
UK competition regulator to relax rules for companies collaborating on climate
The Competition and Markets Authority announces consultation on new antitrust guidance for deals that seek positive environmental outcomes. UK Competition and Markets Authority chief executive...
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January 26, 2023
Environmental law NGO calls for ban on carbon offsets marketing
ClientEarth is calling for the proposed EU anti-greenwashing directive to introduce a ban on companies using “carbon offsetting” as a marketing term. Non-profit ClientEarth is...
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January 25, 2023
European Parliament committee backs sustainability due diligence for financial companies
Rules on companies’ social and environmental responsibilities across supply chains will apply to banks, institutional investors and asset managers. Financial companies should be covered by...
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January 25, 2023
Trade body criticises ‘dangerous’ European electricity market proposals
Eurelectric, the federation of Europe’s electricity industry, says the reforms are rushed and the European Commission proposals do not take a long-term view. Pressure on...
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January 24, 2023
Will NGOs’ alternative EU green taxonomy influence investment?
Non-governmental organisations dissatisfied with the European Commission’s inclusion of gas and nuclear in its sustainable finance tool have published their own taxonomy. The EU green...
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January 24, 2023
UK should introduce green farming subsidies, says think-tank
Farming reforms that ‘balance food, nature and climate action’ and include fairer financial support are the best solution out of five possible scenarios, says Green...
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January 23, 2023
Indian financial sector falling behind country’s climate ambitions, says study
A new report finds that India’s major financial institutions have limited understanding of environmental issues such as greenhouse gas emissions or transition risks. Indian financial institutions are making limited efforts...
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January 20, 2023
Why IMF’s head wants to lock world’s biggest emitters in a room
Carbon pricing is vital if the huge amounts of financing needed to cut emissions and ramp up renewables is to be deployed, agreed experts in Davos, as the IMF’s Kristalina...
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January 20, 2023
Regulator warns UK is falling ‘far short’ on environmental ambitions
The OEP says the government should address shortcomings in its upcoming environmental plan for the next five years and set interim targets. The Office for Environmental Protection has said that...
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January 20, 2023
World trade ministers agree to collaborate on climate change
Trade ministers meeting in Davos have launched an initiative recognising the need to work more closely if trade is to be a solution to climate change. The Coalition of Trade...
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January 19, 2023
Regulatory Round-up: ESMA reviews funds' possible greenwashing practices; US SEC receives complaint about Brazil's meat giant JBS
The European Securities and Markets Authority has launched a review of how investment companies and credit institutions are applying Mifid II rules on marketing communication, which will also collect information...
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