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Hong Kong Establishes a Green Finance Taxonomy to Strengthen the City’s Position in Fundraising

With an average worldwide temperature that is about 1.5°C above pre-industrial levels, 2023 was officially the hottest year on record, according to the World Meteorological Organization. Additionally, data indicate that, since the 1980s, temperatures have increased with each passing decade,with the last nine years being… Read More »Hong Kong Establishes a Green Finance Taxonomy to Strengthen the City’s Position in Fundraising

South Korea’s Ministry of Labor publishes hazards and risks of 71 new chemical substances pursuant to OSHA

On March 28, 2024, the South Korea’s Ministry of Employment and Labor (MOEL) issued a Notice on the Names, Hazards, Risks, and Annual Manufacture and Import Quantities of New Chemical Substances and Measures to Be Taken (MOEL Notice No. 2024-162). The Ministry stated that it… Read More »South Korea’s Ministry of Labor publishes hazards and risks of 71 new chemical substances pursuant to OSHA

EU Adopts New Regulations to Develop the Hydrogen Market and Decarbonize Gas

The European Council announced the adoption of a new regulatory package that establishes common market rules for hydrogen, natural gas, and renewable energy. The package aims to support the EU’s decarbonization goals and accelerate Europe’s transition from fossil fuels to low-carbon and renewable energy sources.… Read More »EU Adopts New Regulations to Develop the Hydrogen Market and Decarbonize Gas

China’s Jiangsu province issues regulations on ecological, environmental protection

On March 27, 2024, the Provincial People’s Congress of Jiangsu province, China, published local regulations on ecological and environmental protection, which will come into effect June 5, 2024. These are overarching legislation for environmental protection in the province. The regulations include stricter rules on green… Read More »China’s Jiangsu province issues regulations on ecological, environmental protection

China wants to alter national guidelines for hazardous substance content in building coatings

On April 8, 2024, China’s Industry and Information Technology announced a plan to revise the country’s mandatory national standards that set limits on hazardous substance content in coating materials used for buildings. More specifically, it plans to combine the currently implemented two standards into a… Read More »China wants to alter national guidelines for hazardous substance content in building coatings