top of page

Global Regulatory Watch January 2023

People's Bank of China has announced its decision to extend the lending tool introduced in 2021 for supporting carbon emission reduction until the end of 2024 and more...

More ESG Research and Insights are Available from Subscription to GC Insights Monthly ESG Regulatory Watch: info@gc-insights.com



APAC

  • China: The National Energy Administration (NEA) has released a notice on Key Points of Energy Supervision in 2023.// National Development and Reform Commission, Ministry of Housing and Urban-Rural Development, Ministry of Ecology and Environment issued the "On Promoting Domestic Waste Treatment Facilities in Established Towns”. // People's Bank of China has announced its decision to extend the lending tool introduced in 2021 for supporting carbon emission reduction until the end of 2024 and more...


  • Taiwan: Taiwan passes climate law with carbon levy, 2050 net zero goal.// Financial Supervisory Commission amends Articles 6 and 13-1 of the "Regulations Governing Information to be Published in Prospectuses by Securities Investment Trust Enterprises Offering Securities Investment Trust Funds"…


  • South Korea: On January 15, 2023, South Korea’s Financial Supervisory Service (“FSS”) issued new guidelines (the “Guidelines”) to enhance transparency on the methods and procedures used by credit rating agencies to perform ESG bond certification evaluations.



EMEA

  • EU: European Parliament pushed for tighter EU rules on waste shipments with stricter rules to protect the environment and human health.// Swedish Prime Minister outlines priorities to make EU greener, safer, and freer.// European Central Bank (ECB) publishes new climate-related statistical indicators to narrow climate data gap…


  • UK: A range of polluting single-use plastics will be banned from October 2023 following the Government's consultation. // The Financial Reporting Council (FRC) updated its Statement of Intent on Environmental, Social, and Governance (ESG) with highlights on key areas of focus regarding ESG reporting during 2023. // The UK Government published its Environmental Improvement Plan 2023 (the “EIP”), detailing how it plans to restore nature and improve environmental quality in the UK.…


AMER

  • US: The Board of Governors of the Federal Reserve System (Board) has published instructions for its first climate scenario exercise.// The U.S. Securities and Exchange Commission(SEC) updated agendas for 2023: Final rulings for climate change disclosure, expecting in April 2023.// The U.S. departments of Energy, Transportation, Housing and Urban Development, and the Environmental Protection Agency released The U.S. National Blueprint for Transportation Decarbonisation.// U.S. Department of the Interior finalized Offshore Wind Safety and Environmental Responsibilities and proposed regulations to Strengthen Offshore Clean Energy Development…


  • Canada: Minister of Fisheries, Oceans and the Canadian Coast Guard announced $134,895 in federal funding to increase energy conservation and affordability through a clean building retrofit of the Elders Centre on Musqueam Indian Reserve…



bottom of page