Establishes a $5 billion Future Energy Fund for investments in low-carbon projects. centralizes the purchase of gas to guarantee supply and diversify energy sources.gives EMA the ability to control expenses, gain access to infrastructure, and deal with crises. In an effort to change the Gas… Read More »Singapore Introduces Bill to Strengthen Power Sector Regulation and Promote Energy Transition
With the first reports scheduled to start the following year, based on the 2024 financial year, the European Commission today announced the release of a new series of frequently asked questions (FAQs) designed to assist businesses and other stakeholders, including auditors, in implementing the sustainability… Read More »The EU Commission Releases the CSRD FAQ to Assist Businesses in Adopting the New Sustainability Reporting Regulations
The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label. Existing renewable energy methodologies won’t receive the CCP label due to insufficient rigor. New methodologies for methane leak detection and… Read More »Integrity Council Tightens Standards for Carbon Credits in Renewable Energy
Fluorinated gases (F-gases) are man-made gases used in a range of industrial applications. F-gases are often used as substitutes for ozone-depleting substances because they do not damage the atmospheric ozone layer. However, F-gases are powerful greenhouse gases, with an even higher warming potential than carbon… Read More »F-gases
On July 1, 2024, the Ministry of Environment of Taiwan issued the “Administrative measures for the transaction, auction and transfer of greenhouse gas reduction credits”. The Measures are issued based on the “Climate Change Response Act” enacted in 2023 and will come into effect on… Read More »Taiwan issues regulation to manage transaction, auction and transfer of GHG reduction credits
The Act on the Registration and Evaluation of Chemicals (AREC) (known as K-REACH) is a crucial regulatory framework in South Korea aimed at ensuring the safe management of chemical substances. Chemical producers and importers must register their materials with the Ministry of Environment (MoE) in… Read More »K-REACH Compliance: The Last Day to Register Existing Chemical Substances is Near
A major strategy under the Act on Preventing Mercury Pollution of the Environment was recently announced by Japan’s Ministry of Economy, Trade and Industry and Ministry of the Environment. The program will gradually phase out the manufacture of 10 specific items that contain mercury, with… Read More »Japan Declares a Ban on the Manufacturing of 10 Products Including Mercury
ESPR sets universal environmental sustainability requirements on products to promote circularity, energy efficiency and reduce environmental and climate footprint of products. Substances present in chemicals that negatively impact product sustainability will be restricted under ESPR. On June 28, 2024, Regulation (EU) 2024/1781 establishing a framework… Read More »EU Adopts A Sweeping Ecodesign Regulation, Prioritizing 11 Product Categories for Sustainability
The import, manufacture, or use of these three POPs and products containing them will be prohibited or restricted in New Zealand. New Zealand’s Environmental Protection Authority (EPA) is currently consulting on the proposal to include three new persistent organic pollutants (POPs) in Schedule 2A of… Read More »New Zealand to Prohibit 3 POPs under HSNO Act
Two new laws, the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) and the Eco-design Sustainable Products Regulation (ESPR), were formally enacted in the previous month. The ESPR is a framework legislation that, in the future, will force most items marketed in the EU (food and… Read More »EU Sustainability Regulations Start to Make Their Mark
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