California Delays Full Enforcement of Climate Reporting Rules for FY 2025
Enforcement Relaxed: California Air Resources Board (CARB) will not penalize companies for incomplete emissions reports in 2026, provided good faith efforts are made. Guidance Gap Addressed: Businesses may use existing data for FY 2025 reporting until final guidelines are released in July 2025. Preparation Opportunity: Companies are encouraged to document current policies and plan for […]
Ecuador Issues $1 Billion Bond to Advance Amazon Conservation Efforts
Debt-for-Nature Swap Expansion: Ecuador follows its $1.6 billion Galápagos Islands debt swap with a $1 billion initiative focused on Amazon rainforest conservation. Long-term Conservation Funding: Savings from the transaction will be dedicated to protecting the Amazon, a critical global ecosystem. Innovative Financial Model: The 18-year bond, yielding 6.034%, highlights a growing trend in leveraging financial […]
