Global Regulatory Watch September 2022

Guidelines for the preparation of provincial adaptation to climate change programs of action have been issued by China's Ministry of Ecology and Environment... ECB provides details on how it aims to decarbonize its corporate bond holdings...

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



APAC

  • China: The Ministry of Ecology and Environment and 17 other departments jointly issued the Action Plan for Deeply Fighting the Yangtze River Protection and Restoration.// Guidelines for the preparation of provincial adaptation to climate change programs of action have been issued by the Ministry of Ecology and Environment. // China’s Civil Aviation Administration releases "2022 China Civil Aviation Green Development Policy and Action”…


  • Singapore: Singapore Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) Group Launch ESGenome Disclosure Portal to Streamline Sustainability Reporting and Enhance Investor Access to ESG Data…



AMER

  • US: Biden-Harris Administration Releases Agenda to Reduce Emissions Across America's Industrial Sector. // Launches New Energy Earth shot to Slash the Cost of Geothermal Power. // California passes massive climate and clean energy package halts closure of state’s last nuclear plant. // The Federal Reserve Board announces that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks...


  • Canada: Minister Alghabra announces the release of Canada’s Aviation Climate Action Plan



EMEA

  • EU: The ECB provides details on how it aims to decarbonize its corporate bond holdings. // EU MEPs adopted its position on the Commission's proposal for a regulation on deforestation-free products. // Parliament backs boost for renewables use and energy savings. // The three European Supervisory Authorities (EBA, EIOPA, and ESMA – ESAs) have delivered to the European Commission (EC) their Final Report with draft Regulatory Technical Standards (RTS) regarding the disclosure of financial products’ exposure to investments in fossil gas and nuclear energy activities under the Sustainable Finance Disclosure Regulation (SFDR). // EU energy ministers reached a political agreement on a proposal for a Council regulation to address high energy prices...


  • UK: UK council pension funds will have to produce their first annual climate risk reports by December 2024 under government proposals