Brazil rolls back mandatory sustainability reporting rule
Brazil’s securities regulator has reversed a 2026 mandatory sustainability reporting requirement for publicly traded companies, replacing it with a voluntary framework for International Sustainability Standards Board (ISSB)-based disclosures.
Read MoreVCM REPORT: CORSIA prices struggle to recover despite hopes for post-war demand rebound
CORSIA prices failed to rebound last week, with price assessments for eligible units down by more than 12% week-on-week and benchmark ICE futures dipping below $10/tonne amid higher jet fuel prices, even as market executives expressed hope for resurgence in demand once the Middle East conflict ends.
Read MoreChile forest carbon reporting in accordance with UN rules, assessment finds
Chile’s efforts to reduce emissions from deforestation and forest degradation have received a positive assessment from UN climate experts, who concluded that the country’s reported forest-sector emissions reductions are largely transparent, consistent, and in line with international reporting requirements.
Read MoreINTERVIEW: UAE businesses adrift on GHG reporting, offsetting as compliance deadline hits
A UAE law on corporate GHG reporting, planning, and management entered its compliance phase on May 30, but businesses are still largely unprepared, according to the chief executive of a Dubai-based sustainability consultancy speaking with Carbon Pulse.
Read MoreEU CBAM can spur wider adoption of carbon pricing, researchers say
The EU’s Carbon Border Adjustment Mechanism (CBAM) could drive a significant expansion of carbon pricing beyond Europe, with countries including Canada, Japan, South Korea, and Taiwan likely to introduce their own schemes to avoid paying the bloc’s import fee, according to a new study led by the Potsdam Institute for Climate Impact Research (PIK).
Read MoreUS SEC moves to scrap climate disclosure rules
The US Securities and Exchange Commission (SEC) proposed on Friday to rescind its climate-related disclosure rules in full, arguing the requirements exceeded its statutory authority and would impose costs on public companies not justified by the resulting information provided to some investors.
Read MoreSpain wins EU nod for €9 bln electricity backup scheme
The European Commission has cleared Spain’s plan to spend up to €9 billion over ten years on a capacity mechanism to safeguard electricity security, a move campaigners say will be a key test of whether Madrid backs clean flexibility or prolongs gas-fired power after a major blackout last year.
Read MorePoland warns against low-carbon criteria in EU public procurement
Warsaw has issued a stark warning against low-carbon criteria in the new public procurement regime proposed under the Industrial Accelerator Act (IAA), saying it risks disadvantaging countries like Poland with high-carbon energy mixes, and dividing the EU between green leaders and laggards.
Read MoreNon-profits appeal EU green taxonomy ruling over forestry, bioenergy criteria
A group of environmental non-profits has appealed a lower EU court ruling on the bloc’s sustainable finance taxonomy, arguing the decision allows climate-damaging forestry and bioenergy activities to be labelled as green.
Read MoreAustralia’s emissions fall as coal, gas power give way to renewables
Australia’s greenhouse gas emissions fell 2.1% in 2025, driven by record renewable energy generation and lower emissions from the fossil fuel sector, government data showed on Friday.
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