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

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

A new guidance titled “Scientific Guidance on the criteria for the evaluation and on the preparation of applications for the safety assessment of post-consumer mechanical PET recycling processes intended to be used for manufacture of materials and articles in contact with food” was released by… Read More »EFSA Releases Guidelines for Evaluating the Safety of Post-Consumer Mechanical PET Recycling Processes

On July 8, 2024, China’s Ministry of Ecology and Environment published draft rules for the import of recycled raw material copper, copper alloys, aluminum and aluminum alloys. The ministry sought comments on the draft through July 25, 2024. Here are the details of the draft.… Read More »China publishes draft rules for import of recycled raw material copper, copper alloys, aluminum, aluminum alloys