On August 14, 2024, the Ministry of Natural Resources and Environment (MONRE) in Vietnam released Announcement No. 460/TB-BTNMT on the publication of the list of product and packaging recycling units. Accordingly, 28 more recycling units of products and packaging have been announced. Impacts on Enterprises… Read More »Vietnam Issues the List of Approved Companies for Product and Packaging EPR Recycling
In 2025–2029, New Zealand will reduce its carbon credits from 45 million to 21 million units. To keep the market stable, the government keeps the reserve price and auction parameters as they are. The action is intended to coincide with climate objectives and rebuild trust… Read More »New Zealand Reduces Emission Credits by 50% to Strengthen the ETS Market and Achieve Climate Targets
India targets a complete transition to zero-emission trucks by 2050, with 17 million trucks projected on its roads. 30 policy interventions designed to accelerate truck electrification across India. Achieving India’s Net Zero target by 2070 hinges on adopting zero-emission trucks. India is making a bold… Read More »India Targets Zero-Emission Trucks by 2050 with 30 Policy Interventions to Accelerate Electrification
SEBI has proposed the introduction of ESG debt securities, expanding the current sustainable finance framework to include Social, Sustainable, and Sustainability-linked Bonds. Indian market regulator Securities Exchange Board of India has proposed to expand the sustainable finance framework in the securities market with issuance of… Read More »SEBI Proposes To Expand Sustainable Finance Framework With ESG Debt Securities
On June 20, 2024, Ministry of Environment (MOE) of South Korea, at the 41st meeting of the Ministerial Meeting on National Concerns, reported the Strategy for Activating the Production and Use of Biogas (hereinafter “the Strategy”) that aims to achieve carbon neutrality and environment-friendly treatment… Read More »South Korean Ministry of Environment announces strategy for activating biogas production and use to achieve national carbon neutrality policy
Japan’s Ministry of Economy, Trade and Industry (METI) has made changes to the Chemical Substances Control Law’s import approval processes. The new rules, which went into effect from July 1, 2024, are intended to improve the efficiency of imported chemical material management and streamline procedures.… Read More »Japan Updates Chemical Import Regulations
Poland announces the commencement of a €5 billion credit scheme supported by EU recovery funds for offshore wind projects. Polish goals of 5.9 GW of offshore wind power by 2030 are being advanced with loans aimed at projects of at least 300 MW. Baltic Sea… Read More »Poland Launches €5 Billion Loan Program to Accelerate Offshore Wind Development in the Baltic Sea
On July 24, the US Environmental Protection Agency (EPA) announced a proposal to designate five chemicals as high-priority substances for risk assessment under Section 6(b) of the Toxic Substances Control Act (TSCA). Prioritization Process As part of its jurisdiction to control chemicals already on the… Read More »The US EPA suggests designating five chemicals as high-priority substances for TSCA risk assessment
Dechlorane Plus, widely used in electronics, construction, and automotive industries, has been designated as a persistent organic pollutant due to its long-lasting, bioaccumulative, and toxic properties. At the 2022 Geneva Convention, parties unanimously agreed to include it in Annex A, requiring a cessation of its… Read More »Stockholm Convention Proposed to Add Dechlorane Plus to Restricted List
UV-328 will be restricted under POPs Regulation with specific exemptions of UTC. On July 30, 2024, European Commission opened up a 4-week consultation which proposed to introduce 2-(2H-benzotriazol-2-yl)-4,6 di tert pentylphenol (UV-328) to Part A of Annex I with specific exemptions. The draft delegated regulation… Read More »EU Consults on Introducing UV-328 under POPs Regulation
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