Climate Change and the Financial Sector
Awareness and calls to action on climate change in the financial sector have gained significant momentum in the last few years, especially since the 2015…
2 Years After Paris Agreement, Support for Climate Disclosure is Surging
The final recommendations of the industry-led Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosure (TCFD) are continuing to gain momentum and attract support from companies,…
CDPQ De-Risks Portfolio and Supports Low-carbon Economy with New Investment Strategy
The Caisse de dépôt et placement du Québec (CDPQ)—Canada’s second biggest pension fund, with more than C$285 billion under management—just announced a new investment strategy to support…
Drive for Increased Climate-related Financial Disclosures Continues
Companies can no longer hide their climate risk. The Financial Stability Board (FSB) is helping to standardize the approach to reporting on climate-related risks and opportunities,…
Ontario’s First Cap and Trade Auction Brings in $472M
On March 22, 2017, Ontario held its first greenhouse gas emissions allowance auction under the cap and trade program. The results, released earlier this week, proved a strong…
2017 Budget – Creating Canada’s Clean Growth Economy
The 2017 Budget reiterated the Federal Government’s commitment to decarbonizing the economy with significant investments planned in green infrastructure and the growth of clean technology…