European Central Bank Introduces Climate Factor to Safeguard Eurosystem The European Central Bank (ECB) will integrate a “climate factor” into its collateral framework to manage the financial risks of the EU’s low-carbon transition. The move aims to protect the Eurosystem against sudden declines in collateral value caused by adverse climate-related
Key Points: Strengthening Global Tax Cooperation The United Nations has appointed 25 experts to its Committee on International Cooperation in Tax Matters for 2025–2029. The experts will help countries design tax systems that advance social, environmental, and economic goals while addressing challenges like the digital economy, climate transition, and inequality.
Key Impact Points: GRI Academy Expands Curriculum for Sustainability Professionals As climate and biodiversity crises deepen, the Global Reporting Initiative (GRI) is taking steps to help organizations improve how they disclose environmental impacts. The GRI Academy has launched two new online courses to equip sustainability professionals with the tools to
Key Impact Points: US Clean Energy Enters New Era as Federal Support Shrinks The US clean energy sector is bracing for sharp policy reversals as Congress passes the “One Big, Beautiful Bill,” a sweeping legislative package that curtails many tax credits created under the Inflation Reduction Act (IRA). While some
Key Impact Points:• Kimberly-Clark becomes first UK consumer goods firm to sign long-term green hydrogen deals• Over £125M ($165M) invested to build green hydrogen plants at two UK manufacturing sites• Initiative aims to cut natural gas use by 50% and reduce CO₂ emissions by 28,500 tonnes annually by 2027 Kimberly-Clark
Key Impact Points: China Poised to Lead Green Bond Market in 2025 China is on track to become the world’s top green bond issuer this year, amid a decline in U.S. issuance driven by political climate hostility, according to the Climate Bonds Initiative. “China will definitely be the world’s largest
Key Points:• ICJ unanimously declares states must prevent environmental harm and cooperate on climate under international law• Obligations derive from treaties, customary law, UNCLOS, biodiversity agreements, and human rights law• States may face legal consequences — including reparations — for failure to act on climate change ICJ Issues Landmark Climate
Key Impact Points: UN Signals Historic Shift in Global Energy Landscape The United Nations has released a landmark report, “Seizing the Moment of Opportunity: Supercharging the New Energy Era”, marking ten years since the Paris Agreement and signaling a pivotal turning point in the global energy transition. “The world is
Key Impact Points: Azerbaijan Expands Renewable Energy Investments in Europe The State Oil Fund of the Republic of Azerbaijan (SOFAZ) will acquire a 49% equity stake in a 402 MW solar portfolio in Italy from Enfinity Global, which will retain 51% and manage the assets long-term, the companies announced on
Key Impact Points: Microsoft Launches Global Supplier Sustainability Push “Microsoft is not doing this work because decarbonization is easy; we are doing it because it is necessary.” — Will Hudson, Director of Energy & Sustainability Policy, Microsoft That message opened Microsoft’s first Global Supplier Sustainability Summit, held in Singapore this
