BRIEFING: Nature takes hit as EU sustainability reporting rules inch towards adoption
Brussels shared final drafts of its slimmed-down European Sustainability Reporting Standards (ESRS) this week, proposing a few additional changes that could create challenges for corporate nature disclosures, according to observers.
Read MoreUK’s National Grid seeks nature, carbon suppliers to support environmental goals
The London-headquartered energy company National Grid launched an initiative this week, calling for carbon and nature developers – including those providing offsite biodiversity net gain (BNG) – to join its new supplier pool.
Read MoreMEPs dispute leather exclusion from EU anti-deforestation law ahead of sign-off
The European Commission held the line on its plan to exclude leather from the much-delayed EU Regulation on Deforestation-free Products (EUDR), despite drawing pushback from a number of Parliament members on Tuesday.
Read MoreNestle Waters faces rising pressure over alleged environmental crimes
New footage of mass environmental contamination in France has fanned the flames of a case implicating Nestle, with the conglomerate’s bottled water division accused of illegally dumping plastic waste in eastern France for over a decade, according to media reports.
Read MoreNature conservation laws can protect countries from fund withdrawals -paper
The Kunming Declaration led fund managers to move portfolios to countries deemed to have lower biodiversity-related risk, but conservation laws can help deter investor withdrawals, a paper has said.
Read MoreGlobal 30×30 target prioritises African protected area expansion over ecological outcomes -paper
Expanding protected areas under the international target of safeguarding 30% of land and sea by 2030 should be seen as only one dimension of successful ecological conservation in Africa, according to a paper published this week.
Read MoreBRIEFING: Campaigners pose three quality approaches for use of international credits in EU
The European Union should adopt a hybrid approach when considering the quality of international credits that could count towards its 2040 emission reduction target, using self-set principles to assess against the Paris Agreement Crediting Mechanism (PACM) and other quality benchmarks, two non-profits said this week.
Read MoreBRIEFING: Indonesia explores three biodiversity credit pathways amid ministerial change
Indonesia’s government has floated three options for national nature crediting, proposing possible mandatory and voluntary frameworks for a scheme now under a new environment minister’s remit.
Read MoreElectrification can strengthen EU competitiveness, think tanks say
The EU could implement electrification policies to reduce reliance on imported fossil fuels while using carbon pricing to boost the competitiveness of some industrial sectors, according to a paper shared by three European think tanks on Wednesday.
Read MoreNordic forestry companies back drone-based tree felling
Forestry firms based across Sweden and Finland have this week committed funds to a pilot project aiming to reduce the sector’s environmental impact by using drones to fell trees from the air.
Read More