CARBONPOLICY
The European Union's landmark Deforestation Regulation (EUDR), designed to prevent deforestation-linked products from entering the EU market, has been postponed for a second time. Large companies are now required to comply by December 30, 2026, with micro and small operators given until mid-2027. This latest delay stems from persistent concerns among member states, businesses, and trading partners regarding readiness and the capacity of the EU's information systems. Concurrently, reports indicate that the United States is scrutinizing the EUDR, with a policy review looming, adding a geopolitical dimension to the implementation challenges. Environmental groups have voiced strong criticism, warning of significant lost environmental and economic benefits due to the prolonged delay.
BIODIVERSITY
The 15th meeting of the Conference of the Parties (CMS CoP15) to the Convention on the Conservation of Migratory Species of Wild Animals is underway in Campo Grande, Brazil, from March 23-29, 2026. The high-level conference aims to tackle the escalating global biodiversity crisis, with a focus on strengthening coordinated conservation efforts for migratory species, proposing protection for 44 additional fish, birds, and terrestrial animals, and implementing targeted actions against overexploitation and illegal take. A recent UN-linked update reveals alarming trends, with 49% of monitored migratory species in decline and 24% facing extinction risk. The discussions underscore the critical importance of biodiversity for ecosystem stability and global food security, as approximately 75% of global food crops rely on animal pollination.
CLIMATEPOLICY
A new report from the World Meteorological Organization (WMO), released on March 28, 2026, paints a stark picture of the planet's climate, declaring it "more out of balance than at any time in recorded history." The report confirms that the period from 2015 to 2025 stands as the hottest decade on record, with oceans also experiencing unprecedented warming. UN Secretary-General António Guterres emphasized the urgency, stating, "When history repeats itself eleven times, it is no longer a coincidence. It is a call to act." This alarming assessment comes as the United States officially withdrew from the Paris Agreement on January 27, 2026, and the UNFCCC on January 7, 2026, under the Trump administration, marking a significant geopolitical shift in global climate efforts. Meanwhile, the upcoming COP31 in Turkey (2026) will proceed with Australia presiding, an unusual arrangement following COP30's focus on accelerating implementation.