ASIA: Race for new climate finance goal heats up: Push for China, UAE to join donor pool

Germany advocated expanding climate finance contributors to include wealthy, high-emission countries like China and Saudi Arabia, emphasizing the need for increased funds to support developing nations. The aim is to enhance the collective finance pool while maintaining leadership and responsibility among developed countries.

Discussions on the new target for climate finance to be provided to developing countries, replacing the 2009 goal of $100 billion, continue to be the focus in the run up to the Baku round of the UN climate talks. Germnay, among the top contributors of climate finance, is along with other developed countries pushing for expanding the group of countries that are obligated to provide developing countries with climate finance. 

14 November 2024

EU: Dutch Efforts to Enhance EU Crypto Tax Laws

The EU is only as strong as the nations that make it. The vision of a unified legal, cultural, and economic landscape is only possible if all member states work together towards a common goal. Crypto

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15 August 2025

NETHERLANDS: New cryptocurrency tax law will cost millions per year, but achieve little

The new European legislation against tax evasion via cryptocurrencies, DAC8, will cost the Dutch Tax Authority and crypto companies tens of millions of euros per year while yielding little in the way

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22 February 2024

EU: Location for EU Anti-Money Laundering Agency to be decided

The competition to select a city to host the new EU Anti-Money Laundering Agency (AMLA) is to get under way in Brussels, with Dublin in contention along with eight other cities. Ireland is competing

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22 January 2024

CAYMAN ISLANDS: Cayman Finance applauds EU recognition of the strength of Cayman Islands AML regime and decision to remove jurisdiction from list of high-risk countries

Press Release from Cayman Finance, Monday 22 January, 2024. Cayman Finance is applauding the European Union’s recognition of the effectiveness of the Cayman Islands’ AML/CFT regimes and decision

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