The European Union has taken another decisive step in its climate agenda after member states formally approved a new legally binding target to cut greenhouse gas emissions by 90% by 2040, compared with 1990 levels. The decision, finalized on March 5 in Brussels, amends the European Climate Law and establishes the bloc’s next major milestone […]

South Africa’s energy transition sits at the intersection of climate policy, industrial reform and labour market pressures. The country remains one of the most carbon-intensive economies globally, with roughly 70% of its electricity generated from coal. This historic dependence has shaped both its economic structure and employment patterns for decades, anchoring jobs in mining, heavy […]

India’s capital markets regulator has launched a comprehensive review of the country’s regulatory framework governing environmental, social and governance (ESG) rating providers, signalling a new phase in the evolution of sustainable finance oversight in one of the world’s fastest-growing investment markets. The Securities and Exchange Board of India (SEBI) announced the formation of a dedicated […]

Kenya has initiated a comprehensive overhaul of its National Environment Policy, marking a pivotal moment in the country’s approach to environmental governance as climate impacts intensify and economic pressures from natural resource degradation mount. The review of the policy, originally adopted in 2013, comes at a critical juncture when the East African nation faces escalating […]

The global financial system is undergoing a fundamental recalibration in how it assesses and responds to climate-related risks, with central banks, regulators, and market participants deploying new tools and frameworks to navigate the transition to a low-carbon economy. Recent developments from the Network for Greening the Financial System (NGFS), the European Central Bank, and international […]

The Netherlands “insufficiently” protects the tiny Caribbean territory of Bonaire from climate change, The Hague District Court ruled Wednesday in a potentially landmark environmental justice ruling that could reverberate across global climate litigation. Residents of the Dutch territory off the coast of Venezuela teamed up with Greenpeace to sue the Dutch government, demanding “concrete measures” […]

Australia risks falling short of its 2035 emissions reduction target unless clearer and more confident policy signals unlock business investment in deeper decarbonization, according to the EY Net Zero Centre’s Australian Carbon Market Outlook 2026. The comprehensive analysis reveals a troubling disconnect between the nation’s climate ambitions and the market mechanisms designed to achieve them. […]

In a historic development that fundamentally reshapes the landscape of federal environmental reviews, the Council on Environmental Quality (CEQ) published its final rule on January 8, 2026, formally adopting without modification the interim final rule that rescinded all CEQ regulations implementing the National Environmental Policy Act (NEPA). The decision represents the most significant transformation in […]

The Mexican state of Colima is emerging as a frontrunner in subnational climate policy implementation, projecting revenue of MX$51.9 million (US$2.94 million) in 2026 from its pioneering ecological tax system. The revenue projection, outlined in the state’s environmental contributions category for the upcoming fiscal year, reflects the maturation of Colima’s comprehensive approach to carbon pricing […]

Malaysia is poised to introduce its first comprehensive National Climate Change Bill to Parliament during the current legislative session, marking a critical advancement in the country’s legal framework to address climate change and fulfill its international emissions reduction commitments. Deputy Minister of Natural Resources and Environmental Sustainability (NRES) Syed Ibrahim Syed Noh confirmed during a […]