IFRS EU Endorsement Process [April 2021]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 2 April 2021.
Announcement of the QuantERA public call
The Technology Agency of the Czech Republic has launched a public call focused on research in the field of quantum technologies, which is intended for Czech partners of international consortia, which can be bot…
Climate change and environmental law: The EU is preparing updates in regulation on agriculture and labelling of plastics
A number of regulatory innovations and changes have been put into practice in the first quarter of 2021. For example, new waste regulations came into force in the Czech Republic. Furthermore, financial market p…
The UN introduced a new concept of ecosystem accounting that considers the value of natural capital
Topics on the sustainable use of natural capital have been coming to the fore of the social interest. As agriculture is directly dependent on the use of environmental compartments, it must not only face the imp…
The Modernisation Fund brings about new challenges, focuses on renewable resources and emission reduction
In order to achieve sustainability, public funding cannot be omitted. The State Environmental Fund thus announces new calls of the Modernisation Fund aimed at the Modernisation of the Heat Supply System (HEAT),…
Sustainable investments are more profitable than traditional funds and more resilient to the impacts of the pandemic
In March, the long-awaited Sustainable Finance Disclosure Regulation (“SFDR”) came into effect. This regulation introduces new requirements for informing investors and transparency in financial services. Howeve…
Climate change has a global impact on the environment and economy. The EU has prepared a new adaptation strategy
The European Union is aware of the ubiquitous impacts of climate change and has therefore prepared a new strategy in recent months to help European countries better achieve climate neutrality and effectively pr…
To repair or to throw away? The new EU legislation should ensure longer life of electrical home appliances
The first quarter of 2021 brought a lot of news in the area of circular economy. For example, the long-awaited regulation of single-use plastic is becoming more specific and the European Commission has issued a…
Court of Justice of the EU: Authorities have to disclose internal environmental communications if public interest prevails
Environmental law is a comprehensive and rapidly developing set of various norms having an essential impact on our world. That is one of the reasons why the contents of such regulations have to be constantly re…