The Carbon Border Adjustment Mechanism (CBAM) is the European regulation that imposes a reporting obligation and a carbon tax on EU imports of certain goods in order to reduce carbon
Continue Reading CBAM Reporting Requirement Begins Oct. 1, 2023
Proposal for an EU Green Claims Directive
Claiming to be “green” and “sustainable” has become a competitiveness perimeter in the EU, with green products registering greater growth than other products. However, not all products on the EU
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CBAM on Track to Take Effect in October 2023
The European Parliament (Parliament) enacted significant change to the proposed European Union (EU) Regulation for a Carbon Border Adjustment Mechanism (CBAM) in June 2022, as reported in an earlier GT
Continue Reading CBAM on Track to Take Effect in October 2023
EU to Make Changes to Its Sustainability Reporting Rules and Impose New Obligations on Non-European Companies
EU law requires certain large companies to disclose non-financial information on the way they operate and manage social and environmental challenges. The current disclosure regime was introduced in 2014 by
Continue Reading EU to Make Changes to Its Sustainability Reporting Rules and Impose New Obligations on Non-European Companies
EU Proposal for the Carbon Border Adjustment Mechanism
The European Union is considering implementation of a new carbon policy, the Carbon Border Adjustment Mechanism (CBAM), that could profoundly impact the global import/export market. The CBAM, a carbon-pricing system
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EU Proposed Carbon Border Adjustment Mechanism
On July 14, 2021, the European Commission adopted a package of proposals including a proposal for a Carbon Border Adjustment Mechanism (CBAM). The CBAM proposal is a
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New Wind Parks in the Netherlands Frustrated by Court Ruling
On 30 June 2021, the Administrative Jurisdiction Division of the Council of State (Afdeling bestuursrechtspraak van de Raad van State) issued its judgment in a case regarding the
Continue Reading New Wind Parks in the Netherlands Frustrated by Court Ruling
The EU Non-Financial Reporting Directive and the Proposal for Corporate Sustainability Reporting Directive
There is a global trend to move capital to more sustainable economic activities. To ensure that capital is moved to the desired activities, several questions arise:
- What is sustainable?
- How
The EU Sustainable Finance Disclosure Regulation Enters into Force
On March 10, 2021, “Regulation (EU) 2019/2088 of the European Parliament and of the Council of November 27, 2019 on sustainability‐related disclosures in the financial services sector” (as amended
Continue Reading The EU Sustainable Finance Disclosure Regulation Enters into Force
U.S. and Dutch Governments Announce Hydrogen Collaboration
On Oct. 6, 2020, the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) and the Dutch Ministry of Economic Affairs and Climate Policy (Ministerie van Economische
Continue Reading U.S. and Dutch Governments Announce Hydrogen Collaboration