Cities worldwide require $86 billion for climate projects in 2024—a 23% increase from last year—yet funding remains a major hurdle, with 48% of projects still in early stages due to technical and financial constraints. Key Investment Needs CDP and the Global Covenant of Mayors for… Read More »New CDP Data Shows 2,508 Climate Projects Reported Across 611 Cities in 75 Countries
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced a significant delay in the requirement for banks and insurance companies to report financed and insured emissions. Originally set to begin in 2025 for large institutions and 2026 for smaller firms,… Read More »Canada Delays Financed Emissions Reporting Requirement for Banks and Insurers by Three Years
Background: Extended Producer Responsibility (EPR) was first introduced in the EU in the 1990s as part of waste management policies. The concept was formally established through Directive 94/62/EC on Packaging and Packaging Waste, which was adopted in 1994. Over time, EPR has expanded to cover… Read More »EU EPR(Extended Producer Responsibility)
Through the REACH-IT system, the European Chemicals Agency (ECHA) declared on February 18, 2025, that it will change the format of the EC Number/List Number, the primary substance identifier. The format is now “xxx-xxx-x” (for example, “242-xxx-x” or “212-xxx-x”). However, ECHA will switch to an… Read More »ECHA will update the REACH-IT System’s EC Number/List Number Format
The European Chemicals Agency (ECHA) will play a key role in identifying harmful chemicals in packaging and, when requested, recommending restrictions on their use. These responsibilities stem from the newly enacted Packaging and Packaging Waste Regulation, which takes effect today. As part of its mandate,… Read More »ECHA Takes on New Responsibilities to Enhance Packaging Safety
The European Commission has introduced new proposals aimed at reducing bureaucracy and streamlining EU regulations for both citizens and businesses. In its recent Competitiveness Compass, the Commission outlined its strategy for fostering a more prosperous and competitive EU economy, drawing from the recommendations of the… Read More »The EU’s Omnibus Simplification Has Been Released
New California climate laws (SB 253 and SB 261), requiring large U.S. companies to disclose value chain emissions and climate risks, have survived a legal challenge from the U.S. Chamber of Commerce. A federal judge, Otis Wright II, rejected claims that the regulations violate constitutional… Read More »California Climate Reporting Law Upheld Despite Legal Challenge Over Emissions Disclosure
Under the Environmental Protection and Management Act 1999, the Ministry of Sustainability and the Environment has introduced the Environmental Protection and Management (Hazardous Substances) (Amendment) Regulations 2025. These new regulations will take effect on August 1, 2025, adding two new chemicals to the list of… Read More »Singapore Revises Environmental Regulations: LC-PFCAs and MCCPs Designated as Hazardous Substances
In January 2025, the Turkish Ministry of Environment, Urbanization, and Climate Change (MoEUCC) released the draft KKDIK Enforcement Principles and Procedures for public consultation. The consultation period will close on February 24, 2025. Key Highlights While the draft does not provide a clear solution to… Read More »Turkey REACH: Enforcement Principles and Procedures for KKDIK Expected to Be Issued
The Philippine Inventory of Chemicals and Chemical Substances (PICCS) is a comprehensive list of all chemicals and substances used, imported, distributed, processed, manufactured, stored, exported, handled, or transported in the Philippines. Maintained by the Environmental Management Bureau (EMB) of the Department of Environment and Natural… Read More »161 Additional Chemicals Added to the PICCS List
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