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Omnibus I

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EU Faces US and Qatar Pressure Over Climate and Sustainability Laws

Originally Published 2 months ago — by ESG Today

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Source: ESG Today

The EU Parliament narrowly rejected a compromise on the Omnibus I package, which aimed to modify sustainability reporting and due diligence laws, leading to a delay in negotiations and uncertainty for businesses. The vote reflects deep divisions among lawmakers over the scope of regulations, with some advocating for sharper cuts and others for minimal changes.