EU Mandates 90% Emissions Reduction Target by 2040
The EU agrees to a binding 90% emissions cut by 2040; it includes carbon credits and an ETS delay.
Green Economy to Hit $7 Trillion by 2030
The global green economy has surpassed $5 trillion, surging to $7 trillion by 2030, offering massive resilient growth
CBAM Shock: Steel Imports Face €120/Ton Cost
CBAM carbon tax shock: new benchmarks mean €120/ton cost for steel imports as 2026 deadline looms
EU Fuels $108B Green Shift for Ships and Planes
€600M awarded to projects advancing the EU’s $108B clean transport plan
Policy Failure: Trillion-Dollar Cost of the Climate Retreat
Political pressure and lobbying are triggering a global policy retreat, undermining urgent climate goals through greenwashing and commitment rollbacks
China Sues India at WTO Over Auto, EV Production Incentives
China files WTO complaint, alleging India’s auto and EV incentive schemes unfairly favor domestic production.
Global Brands Oppose EU Deforestation Deadline Delay
Top global brands have urged the EU to maintain the 2025 deforestation regulation deadline, warning further delay risks climate goals and business trust
Canada Securities Watchdog Targets Misleading ESG Claims
Canada’s largest securities regulator, the Ontario Securities Commission (OSC), has initiated action against misleading ESG claims
Hong Kong to Align Sustainable Finance Taxonomy with Global Standards
Hong Kong’s financial authority is set to expand its sustainable finance taxonomy to align with mainland China and EU frameworks
Financial Secretary: Hong Kong a “Reliable Partner” in Global Green Transition
Hong Kong Financial Secretary Paul Chan highlights the city’s commitment to climate action and its role in sustainable finance
Will the EU’s 2040 Climate Target Trigger a Global Carbon Market Revolution?
The EU is reintroducing international carbon credits into its climate strategy, aiming to balance ambitious emission reduction with cost-effective compliance.
EU Regulators Push for ESG Risks in Stress Tests
The new proposals mandate supervisors to integrate ESG factors into stress testing frameworks and expand ESG risks scopes as data availability improves
