The European Commission has unveiled the Competitiveness Compass, a strategic initiative aimed at enhancing the EU's economic resilience and sustainability. This framework outlines key priorities and actions to drive competitiveness while addressing environmental, social, and governance (ESG) challenges.

China has passed its first-ever energy law, set to take effect on January 1, 2025, marking a significant step towards carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, aiming to ensure sustainable and secure energy growth.