EU Parliament Votes to Expand Product List, Close Loopholes in CBAM Carbon Import Tax

Lawmakers in the European Parliament voted 464 – 50 on Tuesday on the adoption of a negotiating position on proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, including extending CBAM to include hundreds…

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BlueOrchard Raises $250 Million for Emerging Markets Climate Finance Fund

Global investment firm Schroders’ impact investment management arm BlueOrchard announced today that it has raised $250 million at the first close of the BlueOrchard Climate Action Mobilisation Fund (BOCAMF), its blended finance fund focused on backing climate mitigation and adaptation…

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TrusTrace Launches New Platform to Help Companies Identify, Act on Supply Chain Sustainability Gaps

Supply chain traceability solutions provider TrusTrace announced today the launch of a new platform aimed at enabling understand their supply chains, and identify and act on sustainability and compliance gaps. According to TrusTrace, the new platform comes as brands face…

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