On August 29, 2025, India’s Ministry of Environment, Forest and Climate Change (MoEFCC) notified and enforced the Environment Audit Rules, 2025, introducing formal certification requirements and responsibilities for private firms conducting environmental audits. Previously, audits under environmental laws were performed by the Central Pollution Control… Read More »India Issues Environment Audit Rules 2025 to Regulate and Certify Third-Party Auditors

Adoption of Delegated Regulation On September 8, 2025, the European Commission adopted a delegated regulation amending the export control list of dual-use items set out in Annex I of Regulation (EU) 2021/821.  Background The EU’s dual-use export control list is aligned with internationally recognized non-proliferation… Read More »Revision of the EU Dual-Use Items Control List

The Australian government has announced a new climate target, committing to reduce greenhouse gas emissions by 62%–70% by 2035, compared to 2005 levels.  To support this goal, Australia unveiled more than $8 billion (USD $5.3 billion) in fresh climate-related investments, focusing on industrial decarbonization, renewable… Read More »Australia Targets 62%–70% Reduction in Greenhouse Gas Emissions by 2035

The European Union (EU) has agreed to adjust the carbon price for Indian exporters under the Carbon Border Adjustment Mechanism (CBAM) and simplify carbon tax rules for small businesses. This development is part of the new Strategic EU-India Agenda, adopted by the 27-member bloc on… Read More »EU Eases CBAM Rules for India, Boosting Exporters

The Hong Kong Monetary Authority (HKMA) has released a draft update to its Sustainable Finance Taxonomy, proposing: · Inclusion of Transition Activities: Expanding beyond green categories to cover carbon-intensive sectors (e.g., energy, manufacturing) on a “time-bound decarbonization journey” toward net zero by 2050. Sunset dates… Read More »Hong Kong Looks to Extend Sustainable Finance Taxonomy to Transition Sectors

The Department of Chemicals and Petrochemicals (DCPC) in India recently announced the revocation of three Quality Control Orders (QCOs) and the extension of implementation timelines for two others. Revoked QCOs   These QCOs, which had required BIS certification for the import, manufacture, and sale of… Read More »India Updates Quality Control Order: Three Revoked, Two Deferred

Denmark has announced plans to raise up to DKK 10 billion (USD 1.6 billion) through its first sovereign green bond, set to be the first issued under the European Green Bond (EuGB) standard. The EuGB regulation, adopted in November 2023 and effective from December 2024,… Read More »Denmark to Launch Its First Sovereign Green Bond Aligned with EuGB “Gold Standard”

France was referred to the Court of Justice of the European Union (CJEU) by the European Commission on July 17, 2025.One In addition to bringing France’s Triman recycling signage system, which has been in place since 2015, under judicial scrutiny, this action brought attention to… Read More »France is being challenged by the European Commission in the CJEU over mandatory Triman signage

The International Organization for Standardization (ISO) and the Greenhouse Gas Protocol (GHG Protocol) have announced a landmark partnership to unify global standards for measuring and reporting greenhouse gas (GHG) emissions.  Under the agreement, ISO and GHG Protocol will:  Harmonize existing standards, including the ISO 1406X… Read More »Unified Framework: ISO and GHG Protocol Standardize Emissions Accounting