The UK government is currently consulting on draft primary legislation establishing a UK Carbon Border Adjustment Mechanism (“CBAM”), which is set to come into force from 1 January 2027. The current consultation is limited to ensuring that the draft primary legislation implements the Government’s stated policy intent, rather than seeking further stakeholder comment on the policy design itself and is…
What are the top 10 things you need to know about UK CBAM?
The UK government is currently consulting on draft primary legislation establishing a UK Carbon Border Adjustment Mechanism (“CBAM”), which is set to come into force from 1 January 2027. The current consultation is limited to ensuring that the draft primary legislation implements the Government’s stated policy intent, rather than seeking further stakeholder comment on the policy design itself and is…
Iberdrola’s First EuGB-aligned Green Bond Draws its Largest Order Book in 4 Years
Global energy and electricity provider Iberdrola announced that it has raised €750 million in a new green bond offering, its first – and the first by any Spanish company – to be issued under the new European Green Bond (EuGB) standard. Iberdrola noted that the bond was also the first ever to comply with both the EuGB standard and the…