Climate change has become one of the most pressing challenges of the 21st century. In response, countries across the globe are adopting ambitious climate laws, including carbon pricing, emissions trading systems, energy transition strategies, and fossil fuel phase-outs. These laws aim to steer societies toward decarbonization, reduce global temperature rise, and protect ecosystems for future generations.

The European Commission has put forward a new legislative package aimed at simplifying EU regulations, enhancing competitiveness, and reducing the administrative burden on businesses. This package, known as the ‘Omnibus’ proposal, includes significant updates to the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), and the Carbon Border Adjustment Mechanism

The European Commission has adopted a new package of proposals to simplify EU rules, enhance competitiveness, and unlock additional investment capacity. This is an important step towards creating a more favorable business environment that supports the growth, innovation, and job creation of EU companies. By integrating competitiveness and climate goals, we are creating the necessary conditions for EU businesses to thrive, at

The Paris Agreement, adopted in 2015, stands as one of the most significant global efforts to combat climate change. Nearly 200 countries pledged to limit global warming to 1.5°C above pre-industrial levels, with each nation submitting its own emissions reduction targets. The United States, as one of the world’s largest historical emitters of greenhouse gases, has played a pivotal role in shaping the agreement—but its c

The 29th United Nations Climate Change Conference (COP29) marked a pivotal moment in global climate policy by establishing a new carbon market framework under Article 6.4 of the Paris Agreement. Held in Baku, Azerbaijan, this conference saw the approval of stringent rules for international carbon trading, providing a transparent and reliable framework for the use of carbon credits by countries and companies.