ESG Digest №37

Regional news:

• Kazakhstan, Uzbekistan and Azerbaijan Launch Green Corridor Union to Accelerate Decarbonization
• Kazakhstan Launches Wind Energy Project in WestRegion
• OECD Highlights Kazakhstan’s Progress in Responsible Business for Sustainable Infrastructure
• Uzbekistan Launches Carbon Trading System to Cut Emissions by 35% and Boost Investment
• Uzbekistan Establishes Legal Framework for Emission Monitoring and Verification
• World Bank Approves USD173.5mlnLoan to Support Renewable Energy Expansion in Azerbaijan

Global news:

• European Commission Slashes Red Tape on EU Taxonomy Reporting
• World’s Largest Climate Fund Unleashes Record USD 1.2bn for Green Projects

• ISSB Unveils Exposure Drafts to Align SASB Standards with IFRS S2 Guidance
• EU Delays New SustainabilityReporting Rules for Large Companies by Two Years
• UK Abandons Green Taxonomy Plan to Focus on Other Climate Priorities
• India to Finalise Climate Risk Disclosure Rulesfor Banks in Coming Months
• SBTi Launches First Net-Zero Standard for Banks and Investors
• FSB Updates Climate Risk Roadmap to Strengthen Global Financial Resilience
• China Begins Construction of World’s Largest Hydropower Dam
• UK to Include Carbon Removals in Emissions Trading Scheme
• UK Injects GBP 63mln to Kickstart Green Aviation Fuel Industry