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EU 2040 climate target and carbon credits—what’s changing?

Today, the European Commission proposed an amendment to the EU Climate Law reviewing the 2040 climate targets that first enshrined climate neutrality by 2050—and with it, a structural shift in how climate action will be...more

EU Omnibus and the CSRD – Ten burning questions on the Commission’s proposals

The European Commission formally adopted its proposals for amending the Corporate Sustainability Reporting Directive (“CSRD”) in late February 2025, as part of its highly anticipated sustainability Omnibus package. In this...more

Carbon fraud is on the rise—but so is the regulatory counteroffensive

At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more

The Simplification Revolution and the Omnibus: What’s Next for EU Sustainability Reporting and Disclosure?

More competitiveness, more coherence and less administrative burden – these are key political priorities for the new European Commission (the Commission) which took office last December. One of the earliest moves under the...more

The EU Corporate Sustainability Due Diligence Directive is final: how can companies prepare?

This is an update to previous bulletins on the Corporate Sustainability Due Diligence Directive (CS3D) which we published in June and September 2024. In a decisive move that marks a new chapter for corporate...more

Key biodiversity developments and COP16

In this article, we provide an overview of country-led and private sector-driven key developments surrounding the recent United Nations Biodiversity Conference (COP16). The world is progressively recognizing that biodiversity...more

State support mechanisms: learning from the past to accelerate the future

Government backing is critical to tilt markets in favour of green energy. But to incentivise the innovation required, we have to reflect on past failures. In his 2021 book How to Avoid a Climate Disaster, Bill Gates coined...more

EU carbon border adjustment mechanism – the transitional phase has begun: Are you ready?

The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more

Supply chains must evolve to keep pace with drive to Net Zero

Supply chains enable production and progress, but their contribution to climate change is significant. Making them more sustainable in every sense is critical to decarbonisation....more

The European Parliament’s wish list on the Carbon Border Adjustment Mechanism (CBAM)

On 21 December 2021, the European Parliament’s (EP) Committee on the Environment, Public Health and Food Safety (the Committee) published its Draft Report on the proposal for a Regulation of the European Parliament and of the...more

When Green meets Digital

What’s behind the new “European Green Digital Coalition”? - On 19 March 2021, two initiatives emerged as part of the Digital Day hosted by the EU Commission. The online event saw commitments made by European States in a...more

Updated Equator Principles: Transition to Version 4

Following an extensive consultation process, the Equator Principles Association (EP Association) adopted a fourth iteration of the Equator Principles (EP4) on 18 November 2019. Originally, EP4 was due to come into effect on 1...more

European Commission draft EU climate law key part of wider Green Deal.

On 4 March 2020, the European Commission (the Commission) published a draft EU climate law, along with inception impact assessments for an EU carbon border adjustment mechanism and revisions to the Energy Taxation Directive....more

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