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EU Commits Over €300 Million to Ocean Protection at Our Ocean Conference

EU Commits Over €300 Million to Ocean Protection at Our Ocean Conference

Key Impact Points: EU Announces Major Ocean Funding Package at Our Ocean Conference At the 10th Our Ocean Conference in Busan, South Korea, the European Union committed over €301 million to safeguard ocean health, promote a sustainable blue economy, and combat marine pollution. The funding supports six priority areas: sustainable

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ISSB Must Clarify Climate Reporting Rules to Avoid Stalling Progress

ISSB Must Clarify Climate Reporting Rules to Avoid Stalling Progress

Key Impact Points: ISSB Responds to Market Feedback The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced proposed amendments to its climate-related disclosure standard (IFRS S2), aiming to ease application challenges without compromising decision-useful information for investors. The proposed changes would significantly affect financial sector companies, offering new reliefs to

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EU to Unveil Roadmap to End Russian Fossil Fuel Imports by 2027

EU to Unveil Roadmap to End Russian Fossil Fuel Imports by 2027

Key Impact Points: EU Plans Final Push to Cut Russian Fossil Fuel Dependence European Commission President Ursula von der Leyen announced Thursday that the EU will publish a detailed roadmap within the next two weeks to phase out all imports of Russian fossil fuels, reaffirming its pledge to sever energy

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Canadian Securities Regulators Pause Mandatory Climate and Diversity Disclosure Reforms

Canadian Securities Regulators Pause Mandatory Climate and Diversity Disclosure Reforms

Key Impact Points: CSA Pauses Key Sustainability Disclosure Rules Amid Global Shifts The Canadian Securities Administrators (CSA) has announced a pause on developing new mandatory climate-related and diversity-related disclosure rules. The decision aims to help Canadian markets adjust to evolving global regulatory landscapes, including developments in the U.S. and EU.

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