EU Confirms Final Approval to One-Year Delay of Deforestation Law Compliance
Extended timeline: Large companies must comply with the EU deforestation regulation by December 2025; small and micro businesses have until June 2026. Scope of regulation: Companies must prove their products—like soy, beef, palm oil, and coffee—are not linked to deforestation. Implementation tools: The European Commission will deliver risk classification tools and systems to assist businesses […]
Japan Targets 40-50% Renewable Energy by 2040
Renewable growth: Japan aims for renewables to supply 40-50% of its electricity mix by 2040, doubling the 2023 share. Nuclear revival: Nuclear power will account for 20% of the mix, supported by next-generation reactors. Energy security: Long-term LNG contracts will hedge against supply disruptions during the energy transition. The News: Japan has unveiled a draft […]