Aug 20, 2025
Spark Club - Linda
Romanovska
Introduction to Linda to provide context for the conversation
Highlights
Recent trip to Canberra with Climate Capital Forum
International Court of Justice Opinion and the visit of Simon
Stiell to Australia
Lowlights
The confusion and unproductive distraction cause by the “Omnibus”
process – formally aimed at “simplification”, but realistically is
“deregulation” of corporate sustainability.
Main Story
Europe
Repeated, and unrelenting commitment to the EU Green Deal
Objectives re-enforced on key recent policy documents, such as the
“Competitiveness Compass”. It sets the new direction of the EU
organised under 3 pillars:
Pillar I: Closing the innovation gap
Pillar II: A joint roadmap for decarbonisation and competitiveness
– Clean Industrial Act
Pillar II: Reducing excessive dependencies and increasing
security.
What’s coming up?
Finalisation of the 2040 target - amending the Climate Law to
include a legally binding target of net 90% GHG emissions reduction
by 2040 (in time for COP 30)
Probably joint climate ambition announcements with China