The Government of Australia’s Treasury department announced today the release of its Sustainable Finance Roadmap, outlining its plans to develop and reform financial markets to support the mobilization of private capital needed to finance the transition to a net zero economy, with key priorities including… Read More »Australia Launches Plans for Mandatory Climate Reporting, Taxonomy, Sustainable Investment Labels

The financial industry will be allowed to monitor itself, since the sector’s associations have made progress in creating and putting into effect self-regulatory measures, instead of the Swiss Federal Council enforcing regulations against greenwashing. The decision was made in response to a report published in… Read More »The Swiss Government Permits the Financial Sector to Self-regulate Greenwashing Prevention

On April 15, 2024, the Vietnamese government publicized Draft Decree Governing Direct Power Trading between Renewable Energy Power Producers and High-Volume Power Users (hereinafter referred to as “the Draft”). The Draft stipulates a mechanism for trading of electricity derived from renewable energy sources through dedicated… Read More »Vietnam unveils draft regulations on renewable energy trading

The European Council announced that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services. The agreement establishes the Council’s… Read More »EU Council Agrees on New Rules to Tackle Greenwashing in Product Green Claims

Significant progress in the fight against climate change has been declared by the Maine Department of Environmental Protection (DEP). In its Tenth Biennial Report, the department recognizes noteworthy accomplishments in lowering greenhouse gas (GHG) emissions. According to the statistics, Maine’s gross greenhouse gas emissions fell… Read More »Maine Beats Goals to Reduce Greenhouse Gas Emissions

The United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA) unveiled the “National Strategy for Reducing Food Loss and Waste and Recycling Organics” on June 12. President Biden’s comprehensive strategy to combat climate change, improve food… Read More »The United States Government Unveils a Comprehensive Plan to Address Food Waste and Encourage the Recycling of Organics

On June 5, 2024, the European Union published initiatives to amend Regulation (EC) No 1013/2006 on Shipments of Waste. Since Regulation (EC) No 1013/2006 will be repealed by Regulation (EU) 2024/1157 as of May 21, 2026, Regulation (EU) 2024/1157 has also been proposed with amendments… Read More »EU to Increase Control on E-waste

A directive known as the right-to-repair (or R2R) directive was enacted by the Council to encourage the repair of damaged or faulty items. Customers seeking repair rather than replacement will find it simpler thanks to this law, which will also improve the accessibility, transparency, and… Read More »Council Approves Right-to-Repair Directive: A Major Step Towards a Circular Economy and Enhanced Consumer Repair Options