India Proposes New Emission Intensity Targets Under Carbon Credit Trading Scheme 2025
. The Government of India published a draft notification under the Environment (Protection) Act, 1986, proposing the Greenhouse Gas Emission Intensity Targets Notification, 2025. This step is part of the compliance mechanism laid out under the Carbon Credit Trading Scheme (CCTS), 2023 with the key purpose to support India’s nationally determined contributions (NDCs) to reduce greenhouse gas emissions .
Read more
UK Releases Proposed Sustainability and Climate Reporting Standards
. The UK government announced the release of exposure drafts of new UK Sustainability Reporting Standards (UK SRS), based on the sustainability and climate-related standards developed by the IFRS Foundation’s International Sustainability Standards Board (ISSB), aimed at forming the basis of a framework to deliver sustainability-related financial information to the financial markets. (ESG Today).
Read more