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

The levels of PFAS found in Japanese tap water are more than 60 times higher than the EU standard and 28 times higher than the government’s interim maximum limit. Since some commonly used PFASs were classified as Class I Specified Chemical Substances in Japan, it… Read More »A Comprehensive Look at PFAS in Japan: From Contamination to Regulations

The New Zealand Ministry for the Environment (MOE) / Environmental Protection Authority (EPA), in a press release dated July 25, 2024, announced the publication of a discussion document titled “Amendment to Schedule 2A of the Hazardous Substances and New Organisms Act 1996 to implement restrictions… Read More »NZ EPA begins public consultation on addition of Dechlorane Plus/UV-328 to Schedule 1AA/Schedule 2A of the HSNO Act

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