
Sustainability and ESG News
China to Back Brazil’s Forest Fund
China is signaling interest in joining a Brazil-led global forest protection fund, a move that could reshape international climate finance and forest conservation. This potential partnership underscores growing South-South cooperation in tackling deforestation and climate change.
Brazil to Implement Mandatory Sustainability Reporting Following ISSB Standards
Brazil's Securities and Exchange Commission (CVM) and Ministry of Finance recently declared that public companies in Brazil will be mandated to report on sustainability and climate-related disclosures starting in 2026. The CVM stated that the new reporting requirements will align with the latest standards released by the International Sustainability Standards Board (ISSB) and will follow a phased approach, commencing with voluntary reporting in 2024.