Policy and Regulation
January 16, 2023
EU considers antitrust exemptions for agri-food sustainability agreements
The European Commission has launched a consultation on how to design sustainability agreements for the agriculture sector, signalling it is prepared to ease competition rules....
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January 12, 2023
Stronger nature policy may lead to biodiversity offsets market, says IPR
Analysis by the UN-backed PRI's Inevitable Policy Response points to greater regulation to protect nature and the creation of biodiversity markets. The Inevitable Policy Response,...
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January 12, 2023
Regulatory Round-up: ECB's Schnabel on renewables; ICMA on China
Renewable energies are more competitive amid low interest rates and the green transition would fail to prosper in an environment with high inflation, Isabel Schnabel,...
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January 12, 2023
Climate inaction and social inequality among world’s worst short-term risks, says WEF
Latest Global Risks Report sparks warnings about the growing wealth gap fuelling tensions, amid governments’ inadequate response to climate change. Climate action failure, extreme weather...
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January 12, 2023
German corporate due diligence law comes into force
Companies will have to comply with new human rights due diligence requirements ahead of EU-wide legislation. Germany’s supply chain due diligence act came into force...
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January 11, 2023
Danone sued over single-use plastic footprint
ClientEarth has filed a case in a Paris court arguing the consumer giant is in breach of France’s Corporate Duty of Vigilance Law. Danone is facing...
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January 11, 2023
Federal Reserve will not be a ‘climate policymaker’, says chair
Jerome Powell’s comments come on the heels of a Fed report on how global banks are measuring their climate risk. Federal Reserve chair Jerome Powell has said that the central bank...
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January 10, 2023
UK proposes lower emissions limit for new oil and gas plants from 2034
The UK government has opened a consultation into its ‘capacity market’, with the aim of improving energy security and spurring investment to reach net zero. The UK Department for Business,...
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January 10, 2023
Australian carbon market set for reform
An independent review into Australia’s carbon trading system urges governance changes to increase transparency and restore confidence in the offsetting scheme. Separation of governance bodies to avoid potential conflicts of...
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January 9, 2023
Australian regulator issues new greenwashing fine
Black Mountain Energy fined over allegedly false or misleading sustainability statements. Australian oil and gas company Black Mountain Energy has paid a A$39,960 ($27,060) fine in response to infringement notices...
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January 9, 2023
World Bank calls for more funds to counter climate change and other crises
The world’s largest multilateral development bank has tabled a document to revisit its mission and financing tools. The World Bank Group is exploring ways to boost its financial firepower in...
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