Canada’s latest green taxonomy proposals exclude gas and nuclear
March 22, 2023
Canada’s Sustainable Finance Action Council recommends its new taxonomy focuses on green and transition categories and diverges in some respects from both the EU and UK approaches. Earlier this month, Canada’s Department of Finance published a roadmap to establish a...
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Indonesia targets CCS technology to meet ESG goals
March 22, 2023
Indonesia’s natural resources and energy ministry has introduced new regulations to assist...
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Disclosure isn’t enough: It’s time to tax high-carbon investment
March 22, 2023
The introduction of an investment emissions intensity tax to penalise investors based...
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UK regulator ties water companies' dividends to environmental performance
March 21, 2023
Ofwat is using new powers to prevent water companies from paying shareholders...
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Biden’s approval of Alaskan oil drilling prompts environmental lawsuits
March 21, 2023
Go-ahead for Willow project has potential to "undo the clean energy progress we’ve made" and threatens communities and wildlife, say environmentalists. The approval of ConocoPhillips’ $8bn Willow project in Alaska... Read more
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UK financial regulator demands improvements on ESG benchmarks
March 21, 2023
The FCA has told benchmark administrators that they are failing to correctly implement ESG benchmarks’ methodologies. The Financial Conduct Authority has written to ESG benchmark administrators about the lack of... Read more
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Lack of finance is hindering climate change efforts, says IPCC
March 21, 2023
The authors of the UN body's latest report warn about greater near-term global warming risks and point to "insufficient and misaligned finance" as one of the key obstacles to progress.... Read more
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Brussels Briefing: The EU’s Net Zero Industry Act
March 20, 2023
New policies aimed at creating a competitive European green industry include critical raw materials regulation and the establishment of a hydrogen bank, but have left some industry bodies and environmental... Read more
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