Public sector entities, such as government agencies or publicly funded organisations, will no longer be able to enter into sponsorship agreements with companies involved in fossil fuel extraction, production, or distribution

There will now be financial incentives and rewards for public bodies that secure sponsorships or partnerships with companies in renewable energy, green technology, or other low-carbon sectors. This can come in the form of preferential funding or access to government programs promoting sustainability

Public bodies are required to align their operations and sponsorships with broader sustainability goals set by the government. This includes directives to prioritize clean energy and environmentally responsible partners when seeking financial support.

All public entities now have to publicly disclose their sponsorships and partnerships annually. These reports must be made available to the public and outline the environmental impact of the funds.

For any ongoing or new sponsorship agreements, public bodies must include an assessment of the environmental impact, particularly in terms of how the sponsorship may contribute to or hinder efforts towards carbon reduction and sustainability goals.

Regular audits by an independent body are now required to ensure that public bodies are not violating the terms of the fossil fuel sponsorship restrictions. These audits will check for undeclared sponsorships and ensure that all reported partnerships comply with the new legislation.