The Chinese Certified Emission Reduction (CCER) scheme is scheduled to relaunch by 2023-end...
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APAC
China: The National Development and Reform Commission (NDRC) published the latest Efficiency Benchmarks for Key Industrial Sectors. // The Ministry of Ecology and Environment (MEE) has announced the clearance guidance for the National Carbon Emission Allowance (CEA) trading cycle for 2021 and 2022. // The NDRC Announces Plans to Boost Consumption of Smart & Green Electronic Goods. //The New Measures for Environmental Administrative Punishment is effective from July 1, 2023. // MIIT: Guidance on promoting the healthy development of cybersecurity insurance. // As an important supplementary mechanism to the Emissions Trading Scheme (ETS), the Chinese Certified Emission Reduction (CCER) scheme is scheduled to relaunch by 2023-end. // Ministry of Housing and Urban-Rural Development issued a consultation on national standards (GB) for Technical Standards for Zero Carbon Buildings. // National Development and Reform Commission (NDRC) and other departments released a notice on limiting the expansion of the coal-to-chemical industry, prioritizing energy security...
Singapore: Singapore's Sustainability Reporting Advisory Committee Recommends Mandatory Climate Reporting for Listed and Large Non-Listed Companies…
Australia: Australian Competition and Consumer Commission (ACCC) publishes draft guidance to improve businesses' environmental claims. // Australian Climate Change and Energy Minister announced that the federal government will be working to develop sectoral decarbonization plans, working with industry, climate movements, experts, unions, and the community in the development…
Japan: Financial Services Agency calls for public comments regarding “Draft Basic Guidelines on Impact Investment”...
India: Securities and Exchange Board of India announced a New category of Mutual Fund schemes for Environmental, Social, and Governance (“ESG”) Investing and related disclosures by Mutual FundsNew category of Mutual Fund schemes for Environmental, Social, and Governance (“ESG”) Investing and related disclosures by Mutual Funds...
EMEA
EU: European Parliament adopts position for negotiations with Council over Nature Restoration Law. // Ecodesign rules to ensure sustainable products on the EU market. // European Parliament adopts new rules for more charging stations and greener maritime fuels. // The European Securities and Markets Authority (ESMA), is today launching a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on sustainability-related disclosures and the integration of sustainability risks. // Industrial emissions: MEPs support the revision of rules to reduce pollution. // Parliament adopts new rules to boost energy savings. // The European Banking Authority (EBA) launched a public consultation on draft templates for collecting climate-related data from EU banks. This effort is part of the one-off Fit-for-55 climate risk scenario analysis, which the EBA will carry out together with the other European Supervisory Authorities (ESAs) and with the support of the European Central Bank (ECB) and the European Systemic Risk Board (ESRB). // EU Commission adopted the European Sustainability Repor)ng Standards (ESRS)...
UK: UK Draft Voluntary Code of Conduct for ESG Ratings and Data Product Providers. // The Financial Reporting Council (FRC), has issued a call for evidence to inform the proposed endorsement of the IFRS Sustainability Disclosure Standards in the UK…
France: The Autorité de Contrôle Prudentiel et de Résolution (ACPR) publishes the assumptions and expectations for its new climate stress test exercise, exclusively to insurers…
AMER
US: The Securities and Exchange Commission (SEC) Adopts Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies. //
Canada: The Canadian Securi)es Administrators (CSA) welcome the publication of the International Sustainability Standards Board (ISSB)’s first two sustainability disclosure standards. CSA expressed its intention to conduct further consulta)ons to adopt disclosure standards based on ISSB Standards, with modifications considered necessary and appropriate in the Canadian context. A further market update from the CSA will follow in the coming months. // Government of Canada delivers on key climate commitment to phase out inefficient fossil fuel subsidies...