In December 2024, the EU made significant strides in sustainability efforts with ESMA releasing guidelines on funds' names using ESG terms, while the EU Platform on Sustainable Finance proposed categorization schemes for SFDR products. Additionally, the EU Platform introduced Investing for Transition Benchmarks in the EU Taxonomy to aid in achieving a low-carbon economy. On the other hand, in January 2025, the U.S. announced the final rules for the clean hydrogen production tax credit, aiming to incentivize clean hydrogen production with tax credits of up to $3 per kilogram. GFANZ, a global alliance, announced updates to focus on mobilizing capital for the energy transition, emphasizing a $5 trillion annual opportunity. These efforts aim to drive sustainable investment and combat climate change globally.