The European Commission plans to adopt a new directive requiring companies operating within the bloc to have their environmental claims verified independently, and clearly disclose their use of offsets to achieve emissions commitments.
A UN taskforce has released a report aimed at reducing greenwashing and improving the reliability of corporate net-zero pledges and climate commitments.
Current industry policy won't get Australia to net-zero because it's susceptible to lobbying by vested interests, and is based on poorly-designed grants and regulations, says a new Grattan Institute report.
Shadow climate minister Chris Bowen says Labor will only support a bill to give the CEFC another $1 billion and change the way it operates if the government agrees to three amendments.