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A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . The post Advocates urge regulation of banks’ climate commitments to avoid greenwashing appeared first on Corporate Knights.
These higher prices of allowances are a key signal for companies to push for decarbonisation as demonstrated by the 35% emission reductions in installations covered by the ETS between 2005 and 2019. Besides, a third of the respondents consider offsetting as pure greenwashing. People respond to incentives.” The rest is commentary.
This March, Canadian Prime Minister Justin Trudeau told a sustainable business forum in Vancouver “things have changed” since the country signed up to the ParisAgreement on climate change. This year, Canada introduced its 2030 Emissions Reduction Plan , which aims to achieve 40-45% emissions reductions below 2005 levels by 2030.
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