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The federal government is more than $14 billion behind on climate funding

Corporate Knights

And since 2015, there has been a 30% shortfall between what the government has committed to spending on climate and what it has actually invested. It’s critical to close this climate-investment gap in order to close the emission-reduction gap.

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Meet the woman leading Canada’s sustainable finance reform

Corporate Knights

Aimed at creating greater clarity and consistency on green investments, the taxonomy proposes two categories: “green” for those with the least environmental impact and “transitional” for those that will aid in the shift away from fossil fuels.

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The federal government is more than $14 billion behind in climate funding

Corporate Knights

And since 2015, there has been a 30% shortfall between what the government has committed to spending on climate and what it has actually invested. It’s critical to close this climate-investment gap in order to close the emission-reduction gap.

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Red Light, Green Light

Chris Hall

The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty. Investing in the development of onshore wind has also been a challenge, thanks to planning laws introduced in 2015 which allow one objection from a local resident to halt an entire onshore wind project.

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Overshoot is Here

Chris Hall

However, despite a positive trend for climate policy acceleration as detailed in the Inevitable Policy Response (IPR) tracking reports since 2021’s COP26 in Glasgow, the lag between ambition and progress since the 2015 Paris Accord will be laid bare, no matter how it is dressed up.

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Take Five: IPCC Chair Issues Spoiler Alert

Chris Hall

A selection of this week’s major stories impacting ESG investors, in five easy pieces. Investors and policymakers signalled mixed progress in their support for net zero transition this week, ahead of a critical report from scientists. In Japan, progress is even slower, admittedly, but anticipation is high.

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Taking the Heat Out of COP27

Chris Hall

According to the International Energy Agency (IEA), US$4 trillion needs to be invested in renewable energy globally every year by 2030 to achieve net zero by 2050. At least US$1 trillion of this needs to be annually invested in EMDEs. C is to remain achievable. . The finance sector .