The European Commission cited limited market uptake and a need to protect the EU taxonomy’s distinct legal and technical features for its decision.
Canada’s sustainable finance sector is at loggerheads over the inclusion of oil and gas in the new net zero investment framework.
26 provinces and municipalities have piloted the draft taxonomy since 2025, as China seeks to replicate its green finance success in biodiversity.
Ex-PBOC economist’s institute has released six transition benchmarks and will add six more, covering over 90% of China’s emissions.
Strong oversight and real sanctions are needed to avoid derailing the transition and keep the market fair and reliable, says Axelle Van Wynsberghe of Finance Watch.
The Iran crisis highlights how dependence on fossil fuel imports drives price volatility, bolstering calls for monetary policy support for renewables from South Korea’s central bank.
A year after becoming prime minister, Carney has rolled back many of Canada’s climate change rules. It could hurt the country’s transition efforts.
Weak and inconsistent adaptation criteria and outcome metrics are constraining climate finance to vulnerable Asian economies, according to a new report.
Hong Kong’s updated taxonomy has stricter energy sector emissions thresholds than Singapore and Thailand. But the inclusion of gas in the next phase needs to be closely watched, say experts.
Indonesia, Malaysia, Japan and China are ‘effectively tolerating transition-washing’ in power generation, based on a study by Energy Shift Institute.
Bank of England tightens climate expectations, EU launches carbon border tax, Hong Kong considers nature taxonomy, and BIS flags risk of water scarcity.
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