A Canadian-Specific Standard is Needed Today, the term sustainable finance refers mainly to public and private funds earmarked to support a transition to a low carbon and resilient economy. This consists of funding activities that will help the current economies mitigate climate change and adapt to a new climate reality in the near- and long-term […]
Tag: Climate Change
Bringing Climate into Focus through the Climate Lens
Funding opportunities from Infrastructure Canada require projects to understand their climate change risks, resilience strategies, and GHG emissions. Over the next 12 years, Infrastructure Canada (INFC) expects to fund more than $180 million in projects. $33 billion of the funding will be available for projects through the Investing in Canada Infrastructure Program (ICIP), as indicated in Figure 1. […]
To the Expert Panel on Sustainable Finance
Looking ahead for the long-term The work by the Expert Panel on Sustainable Finance was a welcome initiative by the federal government. Manifest hopes that this initiative will be successful in transitioning Canada’s economy to one that is based on less carbon intensive assets and is more resilient to the impacts of climate change. We […]
COP 24 Shows Steady and Significant Movement Towards a Transition
Cutting through the murky details of treaty text and international negotiations, we offer our thoughts on what those maneuverings will mean for business in 2019. It was a marathon when people are hoping for a sprint. Poland played host to over 22,000 people at the annual UN conference on climate change this past December (COP […]
RI Americas Conference 2018
Manifest was pleased to participate on two panels at the recent Responsible Investor Americas 2018 in New York. Laura Zizzo moderated a panel on the alignment with the TCFD recommendations for both companies and investors while Joy Williams participated on the plenary panel on climate change divest/invest debate. On Laura’s panel, both companies and investors arrived at […]
Litigation Will Force Better Management and Disclosure of Climate-Related Risk
A Quebec group is suing Canada’s federal government for violating the rights of young people by failing to tackle climate change. In Juliana v. US, a lawsuit filed by young people against the US government for failing to limit the effects of climate change. Crab fishermen are suing 30 oil firms over climate change. Climate-related […]
Why Climate-Related Due Diligence is Essential
The recently released Intergovernmental Panel on Climate Change (IPCC) report has been interpreted by many as a bleak warning of the dangers of climate change exceeding 1.5°C. The IPCC report was unambiguous about the existential threat posed by rising temperatures, but after taking a few deep breaths, it is clear that the report also contains reasons for […]
Finance Solutions for Climate Action Needed
One of the main obstacles to meaningful climate action is adequate capital backing. While government policies and incentives are crucial to drive climate initiatives, solutions require support from a broader stakeholder group. The financial sector has been called out as a crucial participant in solving the global climate crisis. Pension funds, banks, insurance companies and investment management […]
Unpacking Transition Risk and Opportunity for Canada and the World
The ongoing global transition to a lower-carbon, resilient economy requires significant and, in some cases, disruptive changes across economic sectors and industries. These changes present significant risks for those slow to adapt, but also massive opportunities for forward-thinking organizations. What are risks and opportunities related to the transition and how might they impact companies in Canada and […]
Federal Expert Panel on Climate Change Proposes 54 Indicators to Measure Adaptation and Resilience
Preparing for the impacts of a changing climate requires coordinated efforts across sectors. Many in government, business, academia and civil society have worked to build resilience in our communities and economy. But to what extent has collective action and investments actually built adaptive capacity? How ready is Canada for a climate-adjusted future? In August 2017, […]