Sunday Book Review: November 2, 2025, The Tackling Climate Change Edition
JONES DAY TALKS®: European Central Bank’s Climate Center & Investment Plans Focus on Sustainability (Encore Presentation)
JONES DAY TALKS®: European Central Bank’s Climate Center & Investment Plans Focus on Sustainability
JONES DAY TALKS®: Riding the Green Bond Wave: Focus is on Standards as Volumes Surge
On January 7, 2026, Mexico's Ministry of Finance and Public Credit (“SHCP”) announced the update to its Sovereign Sustainable Finance Reference Framework, replacing the framework originally published in 2020 and aligning it...more
On 19 January 2026, the new UK prospectus regime, implemented under the Public Offers and Admissions to Trading Regulations 2024 (“POATRs”) and accompanying UK Financial Conduct Authority (“FCA”) rules, will come into effect....more
Transition finance is emerging as a key market tool to enable companies operating in high-emitting or hard-to-abate sectors to access funding. While it has been much discussed, it has lacked frameworks that provided it with...more
Australia Announces Commitment to a Minimum 62% Cut in Emissions by 2035 - On 18 September 2025, Prime Minister Anthony Albanese announced Australia’s commitment to a 62%–70% reduction in emissions by 2035, compared to 2005...more
In the Sunday Book Review, Tom Fox considers books that would interest compliance professionals, business executives, or anyone with a curiosity. It could be books about business, compliance, history, leadership, current...more
The European Securities and Markets Authority (ESMA) has published its final report on the regulatory and implementing technical standards (RTS and ITS) under the European Green Bonds Regulation (Regulation (EU) 2023/2631)....more
In the context of the omnibus simplification process and ongoing review of regulation in the EU, the European Commission has decided to de-prioritise the adoption of a number of ‘non-essential' Level 2 acts until after 1...more
Issuers and borrowers should consider implementation options and monitor market developments as the EU’s sustainable finance architecture continues to mature. Our EU Sustainability: State of Play series focuses on regulatory...more
Recent geopolitical developments have catalysed a reordering of European defence policy. The European Union has initiated significant efforts to revitalise and consolidate its defence and security industrial base through the...more
The European Commission has adopted a Delegated Regulation supplementing the EU Green Bonds Regulation (Regulation (EU) 2023/2631) (EUGB) regarding regulatory technical standards (RTS) on the external review regime. From 21...more
Information générale En juin 2025, un groupe d’organismes de conservation, présidé par The Nature Conservancy, a publié de nouvelles normes de pratique à adhésion volontaire pour les projets de conversion de dette, intitulé...more
Following up on its earlier clarification around future incorporation by reference under Regulation (EU) 2017/1129 (the "Prospectus Regulation"), the European Securities and Markets Authority ("ESMA") published its final...more
Three Commission Delegated Regulations supplementing the EU Green Bonds Regulation (Regulation (EU) 2023/2631) have been published in the Official Journal of the European Union (OJ), namely: - Commission Delegated Regulation...more
As emissões de dívidas sustentáveis por empresas brasileiras nos mercados doméstico e internacional têm aumentado substancialmente. No exterior, o volume combinado de títulos verdes, sociais e sustentáveis emitidos por...more
Sustainable debt issuances by Brazilian companies in both domestic and international markets have steadily increased. Abroad, the combined volume of green, social, and sustainability bonds issued by Brazilian corporates,...more
ESMA has recently provided some answers to questions from market participants on the new rules around incorporation by reference under the EU Prospectus Regulation. This follows the changes brought in under the EU Listing Act...more
Microgeneration has always been a cornerstone of the German energy supply, due to its diversified production and manufacturing industry, which is spread out over the country....more
Recently, Hong Kong Monetary Authority (HKMA) initiated accepting applications for Digital Bond Grant Scheme (the Grant Scheme) to financially support digital bond issuers for the duration of three years. The Grant Scheme...more
On 13 December 2024, the European Securities and Markets Authority (ESMA) published Q&As (the Q&As) giving guidance for the practical application of the Guidelines on funds’ names using ESG or sustainability-related terms...more
The European Securities and Markets Authority has published three sets of Q&As to provide further detail on the guidelines on funds which use ESG or sustainability-related terms in their names. The guidelines relate to...more
On 13 December 2024, ESMA published three new questions and answers ("Q&As") which provide welcome clarification on the application of some key elements of its Guidelines on funds' names using ESG or sustainability-related...more
Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024. The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in...more
When political agreement on the EU Green Bond Regulation (the EuGB Regulation) was reached in February 2023, rapporteur Paul Tang was quoted as saying: This Regulation creates a gold standard that green bonds can aspire to....more
On 13 December 2024, the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published Q&As with further details on three specific aspects of the practical application of...more
The EU and U.K. prospectus regimes govern disclosure requirements for securities offered to the public and/or admitted to trading on a regulated market. Imminent and forthcoming changes to these regimes will have implications...more