News

Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.

Unilever is facing an investigation by the UK regulatory authority, for alleged "greenwashing." The company is accused of exaggerating its “environment-friendly” products through tactics such as the use of green leaf patterns and vague language.

The Net-Zero Institute, Taiwan’s first academy dedicated to cultivating green talents, has opened on Nov. 6 at the Kaohsiung Software Technology Park.

EU launched the first phase of the world's first system to impose CO2 emissions tariffs on imported steel, cement, and other goods as it tries to stop more polluting foreign products from impeding its green transition.

Google published report that highlights the significant progress the company has made in achieving 24/7 carbon-free operations.

ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.

Australia is gearing up to import greenhouse gases from some of Asia’s biggest emitters as the government introduces new laws that will allow international pollutions to be buried in carbon capture and storage projects in local waters for the first time.

A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by VCMI aiming to bring transparency and confidence to an unregulated market.

Britain’s biggest drugmaker AstraZeneca announced on June 28 that it would invest $400 million to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in accordance with the Paris Agreement.

Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030.