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Sustainability and carbon market news

Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.

From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.

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Sri Lanka launches Green Wheels project to accelerate plastic recovery nationwide

Sri Lanka has taken a notable step towards strengthening its waste management capabilities with the launch of the Green Wheels Plastic Collection Project, a collaboration between Green Earth Group and Eco Spindles. Introduced at the Monarch Imperial in Colombo, the initiative brings a new clean-mobility model to the country’s plastic recovery efforts at a time when national recycling rates remain critically low. Eco Spindles and Green Earth cooperation meeting. Green Wheels Plastic Collection Project, Green Earth. According to the National...

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DGB Group's bold steps towards biodiversity conservation and plastic reduction

DGB Group, a leading nature-based project developer, announced the upcoming launch of its biodiversity credit pilot project in Australia and a plastic credit initiative in Sri Lanka, marking significant milestones in its journey towards...

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World Bank unveils groundbreaking $100M bond

The World Bank has announced the launch of a unique seven-year bond, valued at $100 million, specifically targeted at reducing plastic waste. This pioneering Plastic Waste Reduction-Linked Bond is designed to generate financial returns for investors...

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International collaboration grows as nations discuss vital UN treaty to combat plastic pollution

Representatives from 175 nations gathered in Nairobi to address the pressing issue of plastic pollution, reflecting a global commitment to finding solutions. Last year, consensus was reached to finalise a UN treaty by 2024, acknowledging the threats...

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