Policy brief - Shaping a nature-positive economy

The lack of policy coherence and the existence of legal loopholes create an environment of uncertainty, undermining the reliability and credibility of such initiatives in the eyes of these key stakeholders. [...] The policy provides the opportunity to address the jurisdictional complexities surrounding carbon by clearly delineating the role of federal and state governments in regard to carbon-related responsibilities, as well as harmonising the legality surrounding carbon as a commodity and pollutant. [...] As states might respond differently, the national carbon market policy should provide the aspects and principles to be considered under the state carbon policy and legislation, in which the climate change bill can then provide the legal tooth to assist in the implementation of the policy. [...] Regulation (EU) 2023/1115 of the European Parliament and of the Council of 31 May 2023 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010. [...] Regulation (EU) 2023/1115 of the European Parliament and of the Council of 31 May 2023 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation (EU) No 995/2010.